AMD briefly tops $1 trillion market cap as AI agent demand lifts CPU outlook

AMD shares rallied nearly 13% last week, briefly pushing its market value above $1 trillion before slipping back below the milestone. CNBC's Jim Cramer attributed the run to rising demand for high-end CPUs driven by agentic AI, a market where he says AMD remains the leader.

• AMD briefly surpassed $1 trillion in market value after a nearly 13% weekly rally
• The stock has gained almost 30% in September alone
• Cramer tied the surge to CPU demand from AI agents
• AMD shares are up more than 18,000% since Lisa Su became CEO in 2014