Key Points This company participates in the high-growth AI chip market. This has translated into explosive growth, with data center revenue soaring in the triple digits in the recent quarter. 10 stocks we like better than Advanced Micro Devices › The trillion-dollar club has been leading the S&P 500 through this bull market and to multiple records over the past few years. Now, this isn't an official club but rather a reference to companies with a market value of more than $1 trillion -- and today, there are more than a dozen of them, mainly in the technology sector. Why is the trillion-dollar club so tech-heavy? The growth of artificial intelligence (AI) surely plays a significant role.
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