In TrendsStock MarketNifty OutlookCrude Oil PricesGold and SilverNPS SwasthyaMoneyview IPODow JonesAMD crosses $1 trillion market cap as shares surge 9% to record highChipmaker’s stock has gained about 24% in five sessions and more than 180% this year, as AI demand drives growthBy Navneet Singh September 21, 2026, 8:56:06 PM IST (Updated)AMD shares surged 9% on Monday to a record high, briefly pushing the chipmaker’s market value above $1 trillion for the first time. The stock hit an intraday high of $613.92, taking AMD into the ranks of US chipmakers that have crossed the $1 trillion valuation mark.AMD is on a five-day winning streak, with shares gaining about 24% during the run. The stock has risen more than 180% this year, despite falling more than 7% last month after its latest earnings forecast fell short of lofty investor expectations, as per Reuters.The chipmaker reported second-quarter revenue of $11.54 billion, up 50% from $7.69 billion a year ago. Its Data Center business, driven by demand for artificial intelligence chips, reported sales of $6.7 billion, up 107% year-on-year, as per CNBC report.AMD is regarded as the closest rival to AI chip leader Nvidia in graphics processing units. Nvidia has a market capitalisation of…
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