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AMD Tops $900 Billion Market Capitalization Again on Stock Surge

2026-07-09 15:49:57

AMD6.08%

GS3.30%

MU7.89%

According to reports, AMD shares surged nearly 8% on Thursday, lifting its market capitalization back above the $900 billion mark for the third time in less than a month, hitting $910.63 billion at intraday highs.

Earlier this week, Goldman Sachs raised its price target on AMD to $640 from $450 while maintaining a 'Buy' rating. If AMD reaches analyst targets like Cantor Fitzgerald's $700 forecast, the chipmaker could cross the $1 trillion market capitalization milestone, following Micron's achievement on May 26, 2026.

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