This U.S. stock move isn’t just slogans—on Monday, AMD’s market cap pushed past $1 trillion.
CNBC: AMD was up about 10%, with an intraday high of $615.52, as its market cap first crossed the $1 trillion threshold. Over the past five trading days, it was up about 25%, and is up more than 180% year-to-date. Reuters also noted the same day that it marked its first entry into the trillion-dollar chip club.
The Nasdaq closed at 27,122.09, up about 2.26%, reaching a new closing high for the first time since June 2. The S&P 500 was up about 1.49% to 7,764.70, about 0.4% away from its record. The Dow was up about 0.71% to 52,048.83. The AI chain set the pace: Intel was up about 12%, Arm up about 17%, and Meta up about 11.4% (Muse AI acted as a catalyst).
CNBC added: AMD is still far behind Nvidia by about $5.4T in market value. Q2 revenue was $11.54 billion (year over year about +50%), with data center revenue of $6.7 billion (year over year about +107%). Lisa Su’s earlier guidance was that 2027 data center revenue could double—this is an order narrative, not a call-out or stock-picking tip.
Select one sentence: Chip capital expenditures are still expanding; the Nasdaq making new highs is a result, not an emotion. The $BTC risk appetite rebound last night in crypto was in sync with the US stock market’s AI main theme, but it does not constitute investment advice.