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Euronews
Euronews
Angela Barnes

AMD joins trillion-dollar chipmaker club as AI demand surges

AMD Nvidia

US chipmaker AMD has become the latest company to join the $1 trillion (€850bn) valuation club, as investors pile into stocks benefiting from the massive investment boom in artificial intelligence.

At around 5:10 p.m. CEST on Monday, AMD shares were up 9.4% at $612 (€520), extending a surge that has added some $200 billion (€170bn) in valuation to the semiconductor company in a week.

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