Advanced Micro Devices (AMD) shares reached a record high, with the stock last up 6.2% and subsequently climbing to a 6.7% increase, nearing 190. This surge has elevated AMD's market capitalization to $304.5 billion, marking the first time the company's value has crossed the $300 billion threshold. The stock's performance was highlighted by a notable setup in the opening minutes of trading, which, combined with significant call flow, contributed to its rise. Despite guiding down in six of the last seven quarters, AMD's stock has tripled, underscoring a remarkable growth trajectory. The company is now trading at a higher multiple than NVIDIA, indicating a strong market position. AMD's ascent has also placed it among the top 30 largest stocks globally, as per CompaniesMarketCap.