AMD briefly joined the $1 trillion club on Sept. 21 as shares surged nearly 10% to a record above $616, making it the fourth U.S. chipmaker to reach that mark.

AMD stock climbed 1.3% Tuesday, surpassing $1 trillion market cap on strong AI infrastructure demand and 107% data center revenue growth year-over-year.

AMD stock rose as AI demand pushed its valuation above $1 trillion, with data-center revenue up 107% and agentic AI boosting CPU demand.

This tech player reached $1 trillion on Sept. 21.

It’s an actively managed fund with big holdings in major chip companies las well as hyperscalers. In other words, the usual AI beneficiary suspects.