Meta’s Muse AI Agent Triggers Intel, Chip Stock Rally. AMD Hits $1T Market Cap.
Intel, Advanced Micro Devices and Arm Holdings soared Monday as investors got excited about the potential growth of central-processing units. The trigger looks to be the popularity of Meta Platforms’ Muse artificial-intelligence agent. The rally pushed AMD to close with a market valuation above $1 trillion, making it the 14th U.S. company to reach that mark.
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