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Tech Stocks Rally as AI Demand Surges, Bitcoin Hits Eight-Month Peak

Guavy AI Editorial Team
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Meta Platforms' Muse AI agent took center stage on Monday, driving an 11% surge in Meta shares and propelling the Nasdaq Composite to a record close of 27,122.09 points.

The chipmaker AMD also made headlines with a 10% gain, marking its first $1 trillion market capitalization milestone, while Intel rallied 12% as investors re-embraced AI-focused investments.

Beyond the tech sector, Bitcoin rose above $86,000, reaching an eight-month peak and boosting cryptocurrency-linked stocks such as Strategy and Coinbase.

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