AMD's stock price rose to $278 yesterday, pushing its market value to a record high of $454 billion. Fueled by strong financial reports from ASML and TSMC this week, investor sentiment in the tech sector has surged, leading to collective gains in stock prices and market values for companies in the AI supply chain. In addition to AMD, Intel's market value also climbed to nearly $340 billion, with its stock price hitting $68, marking the second-highest level since August 2000. Meanwhile, Arm's market value reached $174 billion, while Nvidia's approached $5 trillion. The recent surge in stock prices for CPU manufacturers is primarily driven by the AI boom, as companies accelerate their deployment of AI infrastructure, directly benefiting AMD and Intel. However, whether this will lead to significant growth in their processor sales remains to be seen.
