AMD reportedly reaches $1 trillion market cap on AI demand
Neowin says AMD reported $11.54 billion in Q2 revenue, up 50% year over year, as surging demand for AI hardware drives its record valuation.
TLDR
AMD has reached a $1 trillion market capitalization, Neowin reports, attributing the milestone to surging demand for AI hardware. The outlet says the chipmaker reported $11.54 billion in Q2 revenue, a 50% increase from a year earlier.
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