AI's Trillion-Dollar Club Expands as Fed Rate Hike Shadows Wall Street

$1 trillion — AMD's market capitalization threshold, crossed for the first time Monday as AI chip demand propels a five-session winning streak.

Money Moves

• AMD joins the trillion-dollar club — Stock surged as much as 10% on Monday, driven by renewed AI chip demand, extending a five-session rally that lifted it past the $1 trillion market cap milestone.
• Nike's Dow dilemma deepens — Stock hit a 12-year low and is set to exit the S&P 100,...