AMD shares trade near all-time highs as AI demand drives growth, sparking investor debate over a potential first stock split since 1980.
Advanced Micro Devices (AMD) stock has surged to near-record levels, fueled by strong demand for its AI-capable GPUs and CPUs. The chipmaker’s market position has strengthened under CEO Lisa Su, who has led its expansion into AI data centers and high-performance computing since 2014.
AMD last split its stock in January 1980, with six splits conducted since its 1972 IPO. The most recent was a 2-for-1 split in 1980, following earlier 3-for-2 splits in 1978 and 1979. Had the stock never split, shares would be significantly higher in nominal value today.
Investors are now weighing whether AMD’s current valuation and momentum could prompt another split, though the company has not announced any plans.