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The Economic Times
The Economic Times

AMD becomes latest chipmaker to reach $1 trillion valuation on AI demand

Advanced Micro Devices briefly soared past $1 trillion in market capitalization for the first time on Monday, joining a small group of chipmakers to reach the milestone, as investors bet on its expanding role in AI computing.

The company's shares were last up 9% at $610, after surging to an all-time high of $613.92 — creating a valuation of just over $1 trillion.

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