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Wall Street keeps setting more records, and excitement about the artificial-intelligence industry keeps leading the way.

The S&P 500 climbed 0.4% to set an all-time high following mixed trading on Monday. The Dow Jones Industrial Average dipped 63 points, or 0.1%, while the Nasdaq composite rose 0.7% to its own record.

Advanced Micro Devices helped lead the way and soared 23.7% after announcing a deal where OpenAI will use its chips to power AI infrastructure. As part of the deal, OpenAI could own up to 160 million shares of AMD if it hits certain milestones.

A frenzy around AI has been one of the main reasons Wall Street has been hitting record after record, though that’s also ra

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