AMD Stock Surpasses $600 as Market Speculates on Potential Split
Advanced Micro Devices (NASDAQ: AMD) closed at an all-time high of $615.52 on Sept. 21, marking its first close above the $600 level and making it a trillion-dollar company for the first time. The stock has surged nearly 187% in 2026 through Monday's close, trading near $621 at one point. AMD has not split its shares since August 2000 despite six historical splits that compounded to a factor of 27. CEO Lisa Su took over in October 2014 and led the stock from around $3 to more than $600, with no announced splits during this period. The recent price surge is driven by strong earnings and revenue growth, particularly in AMD's data center segment fueled by demand for AI accelerators. Management expects Q3 revenue of about $13 billion, up 41% year-over-year. While a stock split could make the shares appear more affordable to retail investors, it would not change fundamental metrics like market cap or earnings per share.
Tickers: $AMD
Topics: AMD earnings_report share_price_increase stock_splits