AMD Surpasses $1 Trillion Market Cap Amid Meta AI Agent Muse Boom

Meta Platforms' personal artificial intelligence (AI) agent "Muse" has sparked a frenzy, driving Meta's stock price to surge and lifting semiconductor stocks along with it on the 21st (local time).

On this day, AMD surpassed a market capitalization of $1 trillion (approx. 1,375 trillion won) for the first time in history, joining the "One Trillion Dollar Club" as the 14th company in the United States.

Launched on the 8th, Muse recorded 730,000 downloads in five days according to market research firm Sensor Tower, outpacing ChatGPT, Claude, and Grok, and rose to No. 1 on the U.S. Apple App Store free app chart on the 18th.

It is evaluated as the first consumer-facing result of the "personal superintelligence" strategy emphasized by CEO Mark Zuckerberg.

Meta's stock price surged 11.4% on this day, recording its largest daily gain since April of last year.

It has climbed 28.7% this month alone, heading toward its best month in 13 years, and Wells Fargo has raised its target price to $796.

Muse, which is a free app, has also introduced monthly paid subscription products priced at $20 and $100, raising expectations that it will become a new revenue source alongside advertising.

Semiconductor stocks also surged across the board.

This is because the box-office success of Muse was received as a signal demonstrating the potential for the mainstream spread of agent-type AI.

AI agents, which independently process multiple tasks in sequence, generate vastly more inference calculations than chatbots, thereby driving up demand for server central processing units (CPUs).

Wedbush analyst Matt Bryson said, "Intel and AMD are practically the only companies capable of handling this kind of large-scale computing."

Bolstered by this, AMD closed up 10.0% at $615.52, surpassing a $1 trillion market cap.

With this, its market cap ranking rose to 14th in the U.S. and 16th globally, surpassing SK hynix and JPMorgan Chase.

Meta is also AMD's second-largest customer, accounting for 5.5% of its sales.

Intel jumped 12.1% and Arm Holdings rose 17.2%.

The Philadelphia Semiconductor Index gained 4.3%, rising for the fifth consecutive trading day.

Intel CEO Lip-Bu Tan recently stated that the company is meeting only about 50% of customer demand.
※ Please note: This article was translated by AI and may contain errors.