AMD tops $1 trillion market value as chip stocks rally
AMD climbed more than 8% on Monday, pushing its market value above $1 trillion for the first time and extending a rally tied to investor demand for AI-related stocks.
Advanced Micro Devices (AMD) rose more than 8% on Monday, pushing the chipmaker’s market value above $1 trillion for the first time and extending a rally driven by investor demand for artificial intelligence-related stocks. S. semiconductor company to…