On October 7, 2025, The Wall Street Journal reported that when Lisa Su assumed the role of CEO at AMD in 2014, the company's market capitalization stood at a mere under US$3 billion. Fast forward to today, and that figure has soared past US$330 billion, marking an astounding growth of over 100-fold. This remarkable surge can be traced back to AMD's strategic pivot: moving away from its traditional strongholds in gaming graphics cards and PC processors to zero in on data center chips, which are indispensable for the ongoing AI revolution.
As AI labs grapple with a soaring demand for high-performance chips, the market's attention is gradually shifting from model training to inference applications. Capitalizing on its cost-efficiency and reliable supply chain, AMD has emerged as a pivotal partner for entities like OpenAI. Should the stock price climb to US$600, AMD's market valuation will inch closer to the coveted US$1 trillion threshold.