# AMD Hits Trillion-Dollar Mark

> AMD's 10% chip price hike pushes market cap to $992.4 billion, nearing trillion-dollar status.
- Title: AMD Hits Trillion-Dollar Mark · 24/7 Wall St. | Shortify
- Summary: AMD's 10% chip price hike pushes market cap to $992.4 billion, nearing trillion-dollar status. AMD's 10% price increase on AI chips and strong data center…
- Keywords: amd, trillion-dollar, chip prices, ai accelerators, data center, market cap, Hits, Mark, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/09/21/amd-is-about-to-become-a-trillion-dollar-stock-as-it-hikes-chip-prices-10
- Author: Rich Duprey
- Published: 2026-09-21T18:53:53+00:00
- Read time: 1 min
- Topics: amd, trillion-dollar, chip prices, ai accelerators, data center, market cap
## AMD's Market Cap
Advanced Micro Devices now has a market cap of $992.4 billion.
## Price Hike Catalyst
AMD raised prices 10% on AI accelerators and consumer GPUs.
## Q2 Revenue Surge
AMD reported $11.54 billion Q2 revenue, up 50.1% year over year.
## Data Center Growth
Data center revenue hit $6.718 billion, up 107% year over year.
## Pricing Power
CFO Jean Hu noted double-digit growth in units and prices.
## Market Reaction
Shares rose 8.67% to $607.97, clearing $600 for the first time.
## Key takeaway

AMD's 10% price increase on AI chips and strong data center growth has driven its market cap to $992.4 billion, placing it within a rounding error of the trillion-dollar threshold.