Posted 2/29/2024, 10:47:00 PM
AMD Market Value Tops $300 Billion as Chipmaker Charges Up Ranks of Largest US Companies
- AMD's market value surpassed $300 billion for the first time on Thursday
- AMD was the 222nd largest S&P 500 company 5 years ago, now ranks 22nd
- AMD's stock rose 9% on Thursday amid a broad rally for semiconductor stocks
- AMD has charged up the ranks of largest U.S. companies over the past few years
- Dell cited strong demand for AI servers with AMD and Nvidia chips on its earnings call