AMD's market capitalization surpasses $1 trillion for the first time, becoming the fourth trillion-dollar chip company in the United States

US stocks opened higher and continued to rise, with the three major indexes closing collectively in the green. The Nasdaq rose 2.26%, the S&P 500 gained 1.49%, and the Dow Jones increased by 0.71%. Semiconductor and chip stocks surged significantly: ARM jumped over 17%, Intel gained more than 12%, Meta climbed over 11%, while AMD and Qualcomm rose by more than 9%. Notably, AMD reached a new all-time high, with its market value surpassing 1 trillion US dollars for the first time, becoming the fourth US chip company to join the “trillion-dollar club”.