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AMD shares top $620 as valuation passes $1 trillion
The move is tied to big customer commitments, including OpenAI up to 6 gigawatts of AMD systems and Oracle’s order for 50,000 Instinct MI450 accelerators.
AMD shares recently pushed into record territory above $620, lifting its market capitalization past $1 trillion, a milestone that signals renewed investor confidence in its role in data center computing, according to MarketBeat Ratings.
The analysis links the re-rating to AMD products now being treated as a core option rather than a backup plan, as major cloud and enterprise buyers pursue second-sourcing for advanced accelerators and server chips to reduce single-vendor risk.
MarketBeat Ratings points to commercial commitments as evidence of market share momentum, citing an OpenAI agreement involving up to 6 gigawatts of AMD compute systems.
It also highlights Oracle’s order for 50,000 next-generation Instinct MI450 accelerators for Oracle Cloud Infrastructure.