[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"branding":3,"analytics":7,"article-amd-market-cap-tops-1-trillion-still-a-fifth-of-nvidia":10,"sections":35},{"siteName":4,"siteTagline":5,"publisherName":4,"contactEmail":6},"The Revision","Tech news, decoded.","editor@therevision.news",{"gaMeasurementId":8,"adsenseClientId":9},"G-ZW2MV82GYR","ca-pub-8533917693782264",{"article":11},{"id":12,"slug":13,"title":14,"dek":15,"body_md":16,"tags_json":17,"published_at":18,"created_at":19,"updated_at":20,"status":21,"review_note":22,"review_notes":23,"image_url":22,"persona_id":22,"persona_name":22,"section":24,"tags":25,"sources":30,"feedback":34,"feedback_at":22,"cost_usd":34,"total_tokens":34},7212,"amd-market-cap-tops-1-trillion-still-a-fifth-of-nvidia","AMD market cap tops $1 trillion, still a fifth of Nvidia","AMD's stock is up 180% this year on AI chip demand, but its trillion-dollar valuation is still a fifth of Nvidia's.","AMD is now worth $1 trillion, and AI chips are the reason why.\n\nShares jumped 10% on Monday, capping a 25% run over five trading days and a 180% gain for the year, pushing AMD's market cap past $1,000 billion for the first time. The rally tracks straight to AMD's Data Center business, which includes its AI chips: that unit posted $6.7 billion in sales last quarter, up 107% year over year. Total Q2 revenue hit $11.54 billion, up 50% from the same period a year earlier. CEO Lisa Su expects the Data Center business to double again in 2027.\n\nAMD is proving there's real, spendable revenue behind the AI infrastructure boom, not just speculative hype. That's the distinction investors have been hunting for since the sector took off. But the milestone also shows how skewed this market still is: AMD's new trillion-dollar valuation is worth less than a fifth of Nvidia's $5.4 trillion, and Nvidia's own CEO is predicting a doubling of chip sales in 2027 too.\n\nA trillion dollars used to be a headline. Now it's the price of admission to a two-horse race Nvidia is still comfortably winning.","[\"amd\",\"nvidia\",\"ai chips\",\"stock market\"]","2026-09-22T14:45:00.000Z","2026-09-22T15:52:46.078Z","2026-09-22T15:52:51.789Z","published",null,[],"hardware",[26,27,28,29],"amd","nvidia","ai chips","stock market",[31],{"name":32,"url":33},"PCGamer","https:\u002F\u002Fwww.pcgamer.com\u002Fhardware\u002Fprocessors\u002Famds-market-cap-just-blasted-through-the-usd1-trillion-barrier\u002F",0,{"sections":36},[37,42,47,52,57,60,65,70,75,80,84,89,94,98],{"name":38,"slug":39,"count":40,"latest_published_at":41},"AI","ai",4184,"2026-09-22T13:52:15.000Z",{"name":43,"slug":44,"count":45,"latest_published_at":46},"Security","security",698,"2026-09-22T14:41:04.000Z",{"name":48,"slug":49,"count":50,"latest_published_at":51},"Policy","policy",364,"2026-09-22T12:37:38.000Z",{"name":53,"slug":54,"count":55,"latest_published_at":56},"Deals","deals",196,"2026-09-22T15:06:32.000Z",{"name":58,"slug":24,"count":59,"latest_published_at":18},"Hardware",165,{"name":61,"slug":62,"count":63,"latest_published_at":64},"Science","science",130,"2026-09-20T13:48:11.000Z",{"name":66,"slug":67,"count":68,"latest_published_at":69},"Consumer Tech","consumer-tech",107,"2026-09-22T16:13:36.000Z",{"name":71,"slug":72,"count":73,"latest_published_at":74},"Dev Tools","dev-tools",78,"2026-09-18T04:00:00.000Z",{"name":76,"slug":77,"count":78,"latest_published_at":79},"Software","software",77,"2026-09-22T13:00:00.000Z",{"name":81,"slug":82,"count":83,"latest_published_at":79},"Startups","startups",61,{"name":85,"slug":86,"count":87,"latest_published_at":88},"Gaming","gaming",44,"2026-09-22T14:01:16.000Z",{"name":90,"slug":91,"count":92,"latest_published_at":93},"General","general",43,"2026-09-21T23:48:56.000Z",{"name":95,"slug":96,"count":97,"latest_published_at":79},"Reviews","reviews",27,{"name":99,"slug":100,"count":101,"latest_published_at":102},"How-To","how-to",6,"2026-06-16T09:00:00.000Z"]