Skip to main content

Share story

Products AI

AMD crosses $1 trillion in market value for the first time

AMD logo Image: Primary
AMD's market capitalization crossed $1 trillion for the first time on Monday after its shares opened at $607, up from roughly $557 at Friday's close. The stock rose roughly 9% during the first few hours of trading and had gained around 29% over the preceding month. The milestone places AMD among fewer than two dozen companies reported to have passed a $1 trillion valuation. Its capitalization briefly slipped below the threshold during trading, underscoring that the figure moves with its share price. Nvidia, AMD's larger rival in AI accelerators, was valued at roughly $5.4 trillion.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Tom's Hardware and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Robotics Capital
Robotics Capital

Zipline closes $1.5 billion funding at $21.5 billion valuation

Zipline has closed $1.5 billion in fresh funding at a valuation of $21.5 billion, Bloomberg reports. The financing for the drone delivery and logistics startup comes as it expands its commercial partnership with retailer Walmart Inc.

Capital Infrastructure
Capital Infrastructure

VÆRIDION raises €30 million and wins selection for €94.5 million EU grant

Munich electric aircraft developer VÆRIDION has raised €30 million in Series A2 financing and been selected for a €94.5 million European Commission Innovation Fund grant, EU-Startups reports. SHIFT Invest and Invest-NL co-led the equity round.

AI Capital
AI Capital

Numica raises $21M to acquire small US accounting practices

Numica has raised $21M in equity and debt from Roosh X and Flashpoint Capital to acquire more small US accounting firms, The Next Web reports. The New York startup targets practices with annual revenue of $700,000 to $5m, often owned by accountants approaching retirement.

Capital Infrastructure
Capital Infrastructure

Green Voltis raises €13.5 million for battery trading and energy operations

Stockholm-based Green Voltis has raised €13.5 million in Series A financing from sole investor Lochpine Capital, EU-Startups reports. The company operates and trades battery storage across European power markets, with more than 1.2 GWh under contract and in operation.

Capital AI
Capital AI

Mindmax raises $3.3m for conversational AI exam tutor

London startup Mindmax announced $3.3m (£2.5m) in pre-seed funding to build an AI tutor for professional exams and workplace skills. Concept Ventures led the round, joined by Redrice Ventures, Daybreak Ventures and Lerer Hippeau.