EL7.AI
StocksHigh ImpactUpdated•Originally published 22 September 2026•Updated 22 September 2026•
1 min read

AMD Tops $1 Trillion in Market Value as Shares Close at $615.52

Key Facts

1AMD exceeded $1 trillion in market value for the first time on September 21, 2026, and the shares closed at $615.52.
2Second-quarter revenue was $11.536 billion, while Data Center revenue rose 107% to $6.718 billion.
3AMD forecasts third-quarter revenue of about $13 billion, plus or minus $300 million.

AMD exceeded $1 trillion in market value for the first time on September 21, 2026. The shares closed at $615.52 after trading between $582.27 and $616.69, according to EL7 data, while 2 independent news reports confirmed that the company crossed the milestone during the session.

The milestone followed AMD's record revenue of $11.536 billion for the second quarter ended June 27, 2026, up 50% year over year. Data Center revenue reached $6.718 billion, rising 107% and accounting for 58% of total revenue, supported by demand for EPYC processors and Instinct MI350 GPUs.

Market capitalization equals the share price multiplied by shares outstanding; it is not the same as revenue or profit. Applying the $615.52 closing price to AMD's latest disclosed share count of 1.632 billion as of June 27 produces an indicative value of about $1.005 trillion. A higher share price therefore lifts market value when the share count is broadly stable.

The next test is whether AMD can convert that demand into sustained growth. The company forecasts third-quarter revenue of about $13 billion, plus or minus $300 million. The midpoint implies approximately 41% year-over-year growth and a 13% sequential increase, with non-GAAP gross margin expected at about 56%.