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Will Nvidia's market cap exceed AMD's $1 trillion by September 30, 2026?

probability 79% deadline 2026-10-06 (13d left) Market

Posted 2026-09-2214 days before the deadline, stated before the outcome.

Nvidia and AMD are major semiconductor companies that design graphics processing units and other chips. Market capitalization is a financial metric used to compare the total value of publicly traded companies.

The claim

Nvidia's market capitalization surpasses AMD's $1 trillion market capitalization by September 30, 2026

Reasoning trace

  1. Nvidia holds a dominant share of the AI data center GPU market with significantly higher revenue scale than AMD
  2. Historical market capitalization gap between the two firms is substantial, making AMD's new milestone a narrow anomaly relative to Nvidia's established valuation
  3. AI demand concentration in Nvidia's ecosystem supports sustained premium valuation multiples

Evidence so far

3 confirming · 0 denying signals · 2 verified · 3 broken assumptions. The evidence itself is part of the full dossier.

Probability history

Updated 4 times since mint (last on 2026-09-23) — 78% at mint → 79% today.

What to watch

  • leading indicator Nvidia's closing market capitalization exceeds AMD's closing market capitalization on September 29, 2026
  • precondition Nvidia does not file an SEC Form 8-K citing a material adverse change in financial condition or a significant negative update to revenue guidance between September 23 and September 30, 2026
  • leading indicator No major financial news outlet reports a significant downward revision in Nvidia's quarterly revenue guidance or earnings outlook between September 23 and September 30, 2026

The full dossier behind this prediction — the evidence trail, the risk analysis, the monetization scenarios — is available on request: [email protected].

Probabilities are calibrated against the system's own resolved history; after the deadline the outcome is resolved and audited — including the calls we get wrong. Nothing on this page is investment advice.