Shares of the semiconductor company Advanced Micro Devices (NASDAQ: AMD) surged on Monday morning after it was recently reported that Meta's new AI agent app, Muse, recently reached the #1 spot among free apps on Apple's App Store. AI agents like Muse rely heavily on central processing units (CPUs) to complete their tasks, which could boost demand for AMD's CPUs. AMD's management is bullish on long-term CPU sales, and the popularity of Meta's Muse lends additional credibility to their opinion. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia.
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