00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Advanced micro devices crossed $1 trillion in market value for the first time Monday
00:06as investors focused on growing demand for agentic AI workloads.
00:10AMD has said AI agents rely heavily on server CPUs to coordinate tasks and handle logic between model calls.
00:17CEO Lisa Su previously described agentic AI as the largest part of AMD's addressable market opportunity.
00:25Meta's Muse personal AI agent has ranked as the most downloaded free iPhone app in the U.S. for three
00:30straight days,
00:31according to Sensor Tower data.
00:32AMD has guided to a server CPU market of about $220 billion by 2030.
00:38In the second quarter, AMD's adjusted earnings rose 246% to $1.66 per share,
00:45while revenue climbed 50% to $11.5 billion.
00:48For all things money, visit Benzinga.com.
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