BUZZ - As chip stocks soar, AMD shares surge to an all-time high, joining the 'trillion-dollar club'
路透社2026/09/21 15:51September 21 - ** Advanced Micro Devices (AMD.O) shares rose 9.1% to $610.87, hitting a record high earlier; on Monday, chip stocks rallied overall driven by artificial intelligence demand, and the company’s market value surpassed the $1 trillion threshold for the first time (link)
** AMD became the fourth U.S. chipmaker to surpass a $1 trillion market capitalization; this milestone marks the culmination of a remarkable surge in the company’s stock price, with AMD regarded as the closest competitor to AI bellwether NVIDIA (NVDA.O) in the graphics processing unit sector
** Meanwhile, the Philadelphia Semiconductor Index .SOX rose about 3.6% on the day, reaching a roughly one-month high; the biggest gainers in the SOX Index were Arm Holdings ARM.O and Intel INTC.O, surging nearly 15% and 14% respectively
** On Monday, NVIDIA (NVDA) rose 1%, and Qualcomm (QCOM.O) shares climbed 8%
** According to LSEG data, AMD’s recent price-to-earnings ratio stands at 41, while its average P/E over the past five years is 31
** The consensus rating from 55 analysts covering the stock is “Buy”; the median target price increased from $479 on June 21 to $600
** With Monday’s rally, the stock has surged approximately 185% so far this year
(To assist non-English speakers, Reuters has made this report available in several other languages using automated translation. Automated translation may contain errors or lack necessary context; Reuters does not guarantee the accuracy of automated translation and provides it for readers’ convenience only. Reuters accepts no liability for any damage or loss caused by the use of automated translation.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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