AMD's market cap hits all-time high, Intel hits 25-year high on Agentic AI's insatiable demand for CPUs

AMD and Intel have seen their market capitalizations soar to all-time highs due to the increasing demand for CPUs driven by agentic AI technologies. Other companies benefiting from this trend include Arm Holdings and Nvidia. The surge in stock prices and market caps is attributed to strong growth expectations in the AI supply chain, particularly in data center-class processors. AMD's market cap reached $454 billion, while Intel hit nearly $340 billion, marking its second-best result since August 2020. The industry's positive sentiment is also reflected in the performance of ASML and TSMC, further boosting the tech sector.