AMD Is 11% Away From Joining the $1 Trillion Club. Could It Get There This Year?

Yahoo Finance ·

AMD ( AMD +6.74% ) carries a market value of about $920 billion. To join the $1 trillion club -- the small group of companies worth 13 figures -- the stock needs to climb only about 11% from here. After the run it has been on, more than quadrupling off its 52-week low, that no longer sounds far-fetched. So could AMD close the final stretch and cross $1 trillion before the year is out? What's powering AMD isn't its long-standing business in personal-computer and gaming chips, steady as that has become. It is the data center -- and, within it, the AI accelerators (the specialized graphics processing units, or GPUs ) it sells to companies building out artificial intelligence (AI) infrastructure. In the first quarter of 2026, AMD's data center revenue rose 57% year over year to about $5.8 billion -- more than half of the company's $10.3 billion in total sales, and up sharply from a business a fraction of this size a few years ago. AI accelerators make up a substantial piece of that data center total, and sales of those accelerators grew by a strong double-digit percentage year over year. In other words, the fastest-growing part of AMD -- the data center -- is now also its largest.

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