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AMD Hits $1 Trillion Market Cap for the First Time as Stock Rides a 5-Day AI Chip Rally

AMD Hits $1 Trillion Market Cap for the First Time as Stock Rides a 5-Day AI Chip Rally

AMD closed out a remarkable five-day stretch on Monday by crossing $1 trillion in market capitalization for the first time in its history, a milestone that capped roughly 25 percent in gains accumulated over just five trading sessions. Shares jumped about 10 percent on the day alone, touching an intraday high above $615 before settling … Read more

AMD Beats Intel to the Trillion-Dollar Club as Stock Price Soars Amid AI Chip Rally

AMD Beats Intel to the Trillion-Dollar Club as Stock Price Soars Amid AI Chip Rally

AMD crossed the $1 trillion market capitalization threshold for the first time on Monday, capping a five-day rally that saw its shares climb roughly 25 percent and putting the chipmaker ahead of longtime rival Intel in one of the most closely watched races in the semiconductor industry. The stock jumped about 10 percent during the … Read more