Advanced Micro Devices reached a $1 trillion valuation and hit the $600 price target, driven by major AI chip deals. AMD's AI GPU business is bolstered by contracts with OpenAI, Meta, and Anthropic, each committing to multi-billion dollar chip purchases, and further bolstered by the success of Muse. The AI data center accelerator TAM is projected to reach $1.4 trillion by decade-end, with total addressable market up to $2 trillion.
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