AMD Joins the $1 Trillion Market Cap Club

AMD Joins the $1 Trillion Market Cap Club

David Marino-Nachison

Mon, September 21, 2026 at 11:07 PM GMT+3 1 min read

Key Takeaways

• AMD's market capitalization surpassed $1 trillion for the first time on Monday.

• The Nasdaq Composite outperformed the other major indexes, driven by strong tech stock gains.

Advanced Micro Devices joined the $1 trillion market-cap club Monday as its stock soared.

Shares of AMD (AMD) finished up about 10% to over $615. That, based on the more than 1.6 billion shares outstanding reported in its most recent quarterly regulatory filing, from August, had the company's market capitalization above $1 trillion for the first time. The list is still topped by Nvidia (NVDA) at more than $5 trillion.

The move came on a good day for tech shares to start the week. The Nasdaq Composite ended the day up more than 2%, easily outperforming the S&P 500 and Dow Industrials, which also rose. Read Investopedia's full coverage of today's trading here.

Several other tech stocks posted big moves into the green Monday. Intel (INTC) rose about 12%, while Meta Platforms (META) added about 11% and Marvell Technology (MRVL) was up more than 5%. The Roundhill Memory ETF (DRAM) was up more than 3%, while its Magnificent 7 ETF (MAGS) rose by over 2%.

Chipmaker AMD has been a big beneficiary of the AI buildout. In early August the company said its latest quarterly results beat Street estimates. The shares are up almost 290% this year.

Read the original article on Investopedia