Advanced Micro Devices has once again surpassed JPMorgan Chase in market value. As of November 11, 2026, AMD’s market capitalization stood between $918 billion and $925 billion, compared with approximately $912 billion for the bank. Its shares have gained more than 160% year to date and briefly crossed the $1 trillion mark on September 21, making AMD the fourth US chipmaker to reach that milestone. In the second quarter, AMD’s data center revenue more than doubled to $6.7 billion and accounted for more than half of total quarterly revenue, increasing its exposure to AI infrastructure spending.
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