Woman-led company breaks record, reaching $1 trillion valuation

Chip-maker Advanced Micro Devices (AMD) has surpassed a $1 trillion market capitalization, the first time a woman-led company has hit that valuation. The company, led by CEO Lisa Su, reported $11.54 billion in revenue for the second quarter, attributing its growth in large part to market demand for its AI chips. AMD’s share price climbed by 25% in the last five days, driving up the company’s valuation.