The broad S&P 500 index also rose, plus 0,4 percent, while the Dow Jones industrial index fell 0,1 percent. Both S&P 500 and Nasdaq closed at new record levels, notes CNBC.
AMD surged 23,7 percent after it became known that Open AI and the chip manufacturer had entered into an agreement. The agreement can ultimately give Open AI up to 10 percent of the shares in AMD. At the same time, Open AI undertakes to use AMD's graphics processors for its AI services. At most, the share was up over 30 percent.
Sector colleague and competitor Nvidia's share was instead pressed downwards and fell 1,1 percent.
Tesla rose 5,5 percent after the electric car manufacturer in cryptic social media posts over the weekend hinted that something new would be presented on Tuesday.
Telecom giant Verizon announced on Monday that CEO Hans Vestberg would be replaced with immediate effect by Dan Schulman. The share fell 5,1 percent.
Mobile technology company Applovin's share plummeted 14,0 percent after Bloomberg reported that the US financial supervisory authority SEC had reviewed the company's collection of user data.
Overall, Monday's trading in New York was calm. The ongoing shutdown of the US government is largely being ignored by investors, which has also been the case with shutdowns historically, writes AP.
