AMD - Can AMD Stock Reach a $1 Trillion Market Cap by 2030?
2024-07-18 05:55:00 ET
Currently, there are seven stocks with valuations topping at least $1 trillion. By the end of the year, there could be a couple more companies joining that list. And by the end of the decade, there will likely be even more.
One company that possesses tremendous growth opportunities related to artificial intelligence (AI) and may join that exclusive club in the future is chipmaker Advanced Micro Devices (NASDAQ: AMD) , better known as AMD. Today, its market cap is around $300 billion.
Can investors expect that by 2030, it will be able to reach a $1 trillion valuation?
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Can AMD Stock Reach a $1 Trillion Market Cap by 2030?