HomeWorld

AMD joins $1 trillion club as last chipmaker to cash in on AI rally

World 2 sources 2 countries 🔦 Under-reported 27m ago

Advanced Micro Devices (AMD) briefly surpassed a US$1 trillion market capitalization for the first time on Monday. The milestone was achieved amid a broader market rally driven by intense artificial intelligence demand.

With this achievement, AMD becomes the fourth US chipmaker to reach the US$1 trillion valuation threshold. It joins industry peers Nvidia, Broadcom, and Micron in the milestone club.

In-depth summary · AI, neutral
Read the full story at the source Daily Sabah (Istanbul, Turkey) · TR
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →

Covered by 2 sources