Here's How AMD Joined the Rule Breakers $1 Trillion Club
8 Articles
8 Articles
The drop in oil prices sparked optimism in the stock markets at the beginning of the week. The technology sector is back in the spotlight. Intel and Meta shares jumped more than 10% on Monday. The appetite for risk is high, as evidenced by the continued growth of bitcoin.
When Lisa Su took over the management, the chip manufacturer AMD was on the ground. Now the company is worth a trillion US dollars. The remarkable story of probably the most successful tech manager in the world.
AMD joins Nvidia, Broadcom and Micron on the list of U.S. chip manufacturers that have reached a $1 trillion valuation.
AMD has joined the club of stock market billionaires. This is a result of recent strong stock market gains. Investors have come to believe that artificial intelligence can generate profits in an economic downturn.
It thus becomes the fourth American chipmaker to surpass the $1 trillion valuation, after Nvidia, Broadcom and Micron.
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