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AMD crosses $1 trillion market-cap milestone as shares surge

AMD shares rose about 9%–10% Monday, hitting an all-time high near $614 and indicating a market value above $1 trillion.

AMD

Advanced Micro Devices (AMD, Financials), a semiconductor company supplying processors and AI accelerators, crossed a milestone that would have seemed out of reach a few years ago: a market value above $1 trillion. Shares rose around 9% to 10% Monday, hitting an all-time high of nearly $614.