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Business · 4 hours ago

AMD joins Nvidia in $1 trillion club as AI demand surges

AMD joins Nvidia in $1 trillion club as AI demand surges

Advanced Micro Devices crossed a major market milestone on Monday after its shares climbed 9.6% to reach a record high. The California-based chipmaker joins Nvidia, Broadcom and Micron as the fourth US semiconductor firm to achieve the landmark valuation. Investors are pouring money back into artificial intelligence as tech stocks rally across the broader markets.

Reported by Reuters · How we write briefs

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