Will Advanced Micro Devices Join the Trillion-Dollar Club by 2030?

The stock would need to nearly quadruple in value to hit $1 trillion in market cap, but that might not be an unrealistic scenario. Advanced Micro Devices (AMD -1.80%), also known as AMD, has been one of the hottest chip stocks in 2025, rising by 48% since the start of the year. It has been outperforming rival Nvidia, which is up around 33% over the same time frame (as of July 31). But in terms of valuation, AMD is well behind its key rival. While Nvidia recently topped the $4 trillion mark in valuation, AMD ...