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Advanced Micro Devices briefly joined the $1 trillion market-capitalization club, with analyst Jim Cramer arguing the company's rally is far from over. Cramer attributed the surge to anticipated demand from agentic AI systems, which he expects will drive significant consumption of AMD's high-end CPUs as enterprises deploy autonomous software agents. The move reflects investor positioning around semiconductor winners in the broader AI infrastructure buildout and follows AMD's recent $8.2 billion acquisition of World Labs, the AI startup founded by Fei-Fei Li.