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News 2026-09-22 16:51 UTC

AMD Stock Surges as Chipmaker Hits $1 Trillion Market Cap on AI Boom

Advanced Micro Devices (AMD, Financials), a semiconductor company supplying processors and AI accelerators, just 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. Th…