AMD market cap hits $1 trillion as global policy and market updates emerge

AMD (AMD) reached a $1 trillion market capitalization for the first time, while the Nasdaq rose over 2% to a three-month high. Domestically, the CPC Central Committee announced the Fifth Plenary Session of the 20th Central Committee will be held from October 26 to 29, and the People's Bank of China pledged to expand financial market opening. Meanwhile, Tesla's robotics team is reportedly inspecting factories in the Yangtze River Delta. Internationally, Federal Reserve officials Goolsbee and Musalem signaled potential rate hikes if inflation persists, and the European Central Bank launched a digital euro for interbank tokenized payments.