Today’s news / AMD passes 1 trillion USD in market value as AI data center business grows
The American chip company AMD reached a value of over 1,000 billion dollars on Monday, after the stock rose 10 percent on Monday. (Archive photo). Photo: Caroline Brehman/Reuters

AMD passes 1 trillion USD in market value as AI data center business grows

Shares in U.S. chipmaker AMD rose 10 percent on Monday, pushing the company’s market value above one trillion dollars, according to CNBC.

AMD’s shares have gained about 25 percent over the past five days and more than 185 percent since the beginning of the year.

CNBC linked part of the increase...

Get full access to Danish News in English

Gain exclusive access to daily news updates in English pertaining to Denmark with a Ritzau News subscription.


Already a subscriber?