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#AMD market cap surpasses $1 trillion, chip stocks surge collectively The leader has something to say AMD reaching $1 trillion was not driven by its own force but by Meta's Muse putting the CPU back in the spotlight. Each AI Agent runs in an independent cloud Secure VM, capable of executing browser and backend tasks, increasing CPU load. The market is pricing in this expectation in advance. But note, demand is still at the expectation stage and has not turned into actual orders.