AMD's $260 billion market cap means it's just a fraction of the size of its much larger rival.Advanced Micro Devices (AMD -0.14%) and Nvidia (NVDA 0.57%) are rival companies, but the former is well behind the latter when it comes to market cap. While Nvidia's valuation is north of $4 trillion, AMD's valuation is closer to $263 billion.AMD is nowhere near the size of the larger chipmaker, but it does possess some incredible potential because of its association with artificial intelligence (AI). The key test ...

AMD's path to $1 trillion is closer than many investors have likely assumed. Advanced Micro Devices (AMD 5.44%) has evolved into a semiconductor powerhouse in recent years. Under the leadership of Lisa Su, it overtook longtime rival Intel in the PC market. Although Nvidia's success with the artificial intelligence (AI) accelerator market initially took AMD by surprise, AMD's efforts to catch up have made it an increasingly important company in that market. Such innovations have also made AMD a prime candida ...