AMD briefly tops $1 trillion market cap as chipmakers rally
AMD briefly surpassed $1 trillion in market capitalization for the first time on Monday, as investors bet on its expanding role in AI computing; shares were last up 9% at $610 after surging earlier.
Advanced Micro Devices NASDAQ:AMD briefly climbed above $1 trillion in market capitalization for the first time on Monday, joining a small group of chipmakers to hit the milestone as investors bet on its expanding role in AI computing. The shares were last up 9% at $610 after earlier surging to…