AMD Joins Trillion-Dollar Club, Surpasses $600 Per Share

AMD has officially surpassed a one trillion US dollars market capitalization, becoming the world's 16th most valuable company. The stock reached a session high of $615.98 per share, rising nearly 10% from Friday's close of $559.91. This milestone, driven by AI computing bets and a strong product portfolio, places AMD alongside industry giants like NVIDIA, Broadcom, Tesla, Apple, and SK hynix, notably beating Intel to join this exclusive group of global companies.