A company took five years to transform itself into a member of the trillion-dollar club.
On Monday, AMD’s stock rose by 9%, setting a record high and pushing its market value above $1 trillion for the first time. During the day, it peaked at $613.92. In the previous five trading sessions, the stock had gained about 24% in total.
What’s supporting this run-up is the “book.” In the second quarter, revenue reached $11.54 billion, up 50% year over year; data center business revenue was $6.7 billion, up more than double. Its stock has gained more than 180% so far this year.
The gap remains. The rival’s market value is about $5.4 trillion—still more than five times as large. Management says it aims to double data center business sales again by 2027; last month, the rival’s executive also said it plans to double next year’s chip shipments.
Both companies are pressing the accelerator in the same direction, suggesting the shortfall in demand hasn’t yet been filled. In the AI buildout driving this market surge, there are still no clear signs of a slowdown.
How the capital markets price things is changing too. People buying chip companies no longer look only at current shipment volumes—they care about how many orders it can win in the next wave of construction. After crossing the $1 trillion mark, there are only a handful of companies left to compare it with.
The good news for the pursuers is usually also the industry-wide “go-ahead” signal to get moving.
#人工智能 #chip
On Monday, AMD’s stock rose by 9%, setting a record high and pushing its market value above $1 trillion for the first time. During the day, it peaked at $613.92. In the previous five trading sessions, the stock had gained about 24% in total.
What’s supporting this run-up is the “book.” In the second quarter, revenue reached $11.54 billion, up 50% year over year; data center business revenue was $6.7 billion, up more than double. Its stock has gained more than 180% so far this year.
The gap remains. The rival’s market value is about $5.4 trillion—still more than five times as large. Management says it aims to double data center business sales again by 2027; last month, the rival’s executive also said it plans to double next year’s chip shipments.
Both companies are pressing the accelerator in the same direction, suggesting the shortfall in demand hasn’t yet been filled. In the AI buildout driving this market surge, there are still no clear signs of a slowdown.
How the capital markets price things is changing too. People buying chip companies no longer look only at current shipment volumes—they care about how many orders it can win in the next wave of construction. After crossing the $1 trillion mark, there are only a handful of companies left to compare it with.
The good news for the pursuers is usually also the industry-wide “go-ahead” signal to get moving.
#人工智能 #chip
