Will AMD Be a $1 Trillion Company Before 2026 Is Over?
The chipmaker has had a monster year, but did it earn it?
Overview
Advanced Micro Devices (NASDAQ: AMD) has been a fantastic stock to own in 2026. It's up around 142% so far this year, easily outpacing the 4.5% growth put up by Nvidia, which it's commonly compared to.
This rise has brought it close to a $1 trillion valuation, currently around $850 billion. That means it only needs to rise about 18% more, which doesn't seem like a whole lot after the year that it has had so far.
Details
So, will AMD get into the $1 trillion club before 2026 is over? Let's take a look.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.