AMD’s AI Rise Leaves Intel Behind

AMD's market cap surpassed $1 trillion after a 9.6% stock price surge, reaching $613.31 per share. Its growth, driven by AI demand, outpaced the Nasdaq. AMD's revenue hit $11.5 billion in Q2 2026, with data center sales doubling. Nvidia, valued at $5.45 trillion, leads as the most valuable company, benefiting from AI computing demand. Apple, at $4.9 trillion, maintains its position through its ecosystem of devices and services.

Nvidia (NVDA), AMD (AMD), and Broadcom (AVGO) stocks rose in pre-market trading on Sept. 25, partly due to easing oil prices. Nvidia gained additional support from Elon Musk's announcement that SpaceX will expand its use of Nvidia chips. AMD and Broadcom also benefited from AI infrastructure demand. All three have Strong Buy ratings from analysts, with Broadcom showing the highest upside potential.

Advanced Micro Devices (AMD) stock rose 2% in premarket trading, reaching a 52-week high. The company recently crossed $1 trillion in market value. Analysts cite strong demand for AI chips and GPUs, with price targets ranging from $550 to $750. AMD's RSI indicates overbought conditions, and it trades at a P/E of 160.5.

AMD's market cap hit $1 trillion for the first time, driven by a surge in data center business. Q2 2026 revenue reached $11.5B, with data center segment revenue up 107% YoY. CEO Lisa Su expects data center revenue to more than double in 2027. AMD is the fourth US chipmaker to reach this milestone, following Nvidia, Broadcom, and Micron.

AMD's market value briefly hit $1 trillion, with shares at $613.89, down 0.1%. The company aims to expand its AI data center offerings with its Helios platform. The stock is 115.66% above its GF Value, reflecting high growth expectations.

Analysts upgraded Applied Materials (AMAT) citing AI-driven demand and undervaluation, while downgrading Tesla (TSLA) over automotive stagnation and margin pressure. AMD was also downgraded due to a high P/E ratio without comparable growth.