AMD has become the latest chipmaker to join the $1 trillion market value club, a milestone powered by the ongoing AI boom. The company, often seen as the perpetual underdog to Nvidia, is now nipping at its larger rival's heels in the data center accelerator market.
While much of the attention has centered on AMD's Instinct GPU line, the company's rise is not solely attributable to that product family. Strong design work on its Epyc server processors has also contributed significantly to the company's momentum, according to the report.
CEO Lisa Su has overseen this expansion, with the company's portfolio spanning both AI accelerators and high-performance server CPUs. The combination of these product lines has helped AMD capitalize on surging demand for compute infrastructure, positioning it as a serious contender in the AI hardware race.