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AMD tops $1 trillion market cap on AI-driven rally

AMD surpassed a $1 trillion market capitalization for the first time Monday. Shares rose to $613.31, reaching a record high as investors bet on AMD’s growing role in AI computing.

AMD

Advanced Micro Devices (AMD) surpassed a $1 trillion market capitalization for the first time on Monday as investors kept betting on the chipmaker's expanding role in artificial intelligence computing. 31, hitting a record high.