TradingKey – Shares of Advanced Micro Devices (NASDAQ: AMD) hit a new all-time high on Monday, finishing at $615.52, and giving the chipmaker a market capitalization of over $1 trillion. While the stock has been strong throughout the year, as it has become increasingly apparent that AMD can be a significant CPU provider beyond Intel, Monday’s rally showed investor belief that AMD can be a strong provider of AI compute beyond Nvidia. As the data center grows, so will AMD’s income statement. However, if the company wants to be valued around $1 trillion, it will need strong operating and financial numbers beyond 2026.