AMD Soars 10% to $1 Trillion — Nvidia's Biggest Challenger Arrives
AMD crossed one trillion dollars in market value for the first time after shares jumped about ten percent Monday. That makes it only the fourth U.S. chipmaker to hit the mark, joining Nvidia, Broadcom, and Micron.
The move wasn't isolated. The Philadelphia Semiconductor Index climbed more than four percent and the Nasdaq closed at a record high — a clear sign investors believe AI spending is still growing. AMD's shift from selling individual chips to building complete AI systems puts it in more direct competition with Nvidia than ever before.
Now the real question: can AMD hold the trillion-dollar line after a nearly ten percent one-day run?
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