Perpetual underdog AMD nips at Nvidia's heels as it joins the $1T club

AMD’s market cap briefly passed $1 trillion on Monday, making the perpetual underdog one of a handful of chip designers to ever hold the distinction. Make no mistake, AMD is still the underdog here, at least relative to Nvidia, which holds the distinction of being the most valuable company in the world with a market cap of nearly $5.5 trillion. But while AMD still trails Nvidia by a wide margin, the House of Zen has taken the lead over its long-time rival turned frenemy Intel, which is currently