Veytics Intelligence
2026-09-22 · Yahoo

Why AMD's new $1 trillion valuation makes perfect sense

AMD (AMD) CEO Lisu Su has been crushing it at a chip company that almost went bust when she walked in the door as a top executive in 2012. Since assuming the CEO position in 2014, Su — with her trademark humbleness and love for tech — has completely transformed the company into industry leader Nvidia's (NVDA) strongest rival. She has closed major deals, from the acquisition of Xilinx to a partnership with Meta (META) that could see the social media outfit own up to 10% of the company in the future. While AMD's stock has sizzled under Su, it appears this is the year the market is truly giving her her due. AMD's market cap crossed the $1 trillion mark for the first time on Monday, with shares surging 9.9% amid a broader tech-stock rally.

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