AMD briefly tops $1 trillion market cap as shares jump
Advanced Micro Devices briefly surpassed $1 trillion in market capitalization for the first time on Monday, as chipmakers rallied on investor bets about expanding AI computing demand. AMD shares were last up 9% at $610 after surging to an all-time high.
Advanced Micro Devices briefly climbed above $1 trillion in market capitalization for the first time on Monday, joining a small group of chipmakers to reach the milestone as investors wagered on its expanding role in AI computing. The company’s shares were last up 9% at $610, after rising to an all-time high.