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AMD price jumps on $6 billion stock buyback plan

Reuters on MSN · 1d

AI chipmaker AMD unveils $6 billion buyback plan

Advanced Micro Devices on Wednesday announced a new $6 billion stock buyback plan, joining a string of chipmakers that are looking to reduce their float as the AI trade that has powered their shares shows some signs of slowing.

Barron's on MSN · 1d

AMD Stock Rises. Buyback News, and More, Boosts AI Chip Maker.

AMD said its board of directors approved a new $6 billion stock buyback program. Added to the existing plan, that gives the company authority to repurchase around $10 billion wort

Fast Company · 1d

AMD price jumps on $6 billion stock buyback plan: What that means and why it matters

Shares of semiconductor manufacturer AMD were up Wednesday after a big stock buyback authorization. Here's what that means.

Nvidia, AMD Sell Chips to Saudi Arabia

Seeking Alpha · 4h

AMD's AI Data Center Strategy Is Working; And It's Still Trading Like A Legacy Chip Stock

After its 1Q25 earnings, it’s clear AMD (AMD) isn’t just building fast chips anymore, it’s morphing into a full-stack AI compute platform company.

Yahoo Finance · 7h

This Is My Top Artificial Intelligence (AI) Chip Stock to Buy in May (Hint: It's Not Nvidia or AMD)

While this bodes well for Nvidia and AMD, another industry darling is positioned to benefit from these tailwinds. Broadcom's AI business is thriving thanks to cloud hyperscalers, suggesting the stock could be an interesting buy.

Bloomberg on MSN · 2d

Nvidia, AMD Sell Chips to Saudi Arabia for AI Data Centers

Nvidia Corp. and Advanced Micro Devices Inc. will supply semiconductors to Saudi Arabian artificial intelligence company Humain for a massive data center project, acting under a Trump administration initiative that lifts restrictions on delivering advanced technology to the region.

14h

Amazon, AMD Launch Multibillion Dollar AI Projects in Saudi Arabia

The announcements follow reports that the US administration intends to facilitate AI chip deals between American firms and ...

Network World22m

AMD, Nvidia partner with Saudi startup to build multi-billion dollar AI service centers

The deals served as the coming out party for Humain, a state-backed artificial intelligence (AI) company that operates under ...

19hon MSN

Nvidia, AMD extend stock gains. Why the AI trade is roaring back.

Nvidia’s partnership with Saudi Arabia’s Humain could help offset some of its revenue losses in China, analysts said.

7h

What's Next For AMD Stock After Recent 20% Gain

Advanced Micro Devices stock (NASDAQ:AMD) increased by more than 4% during Tuesday's trading session and has risen by nearly ...

5h

Prediction: This Artificial Intelligence (AI) Stock Could Be Worth More Than Nvidia by 2030

Some analysts believe that AWS alone could eventually be worth $3 trillion -- which is roughly Nvidia's current market cap.

17hon MSN

Taiwan's Computex to showcase AI advances, Nvidia's Huang to take centre stage

Computex trade show next week, the spotlight is expected to fall, once again, on Nvidia CEO Jensen Huang and the latest in ...

5h

AMD: Something Bigger Than The $6B Buyback Comes Next Month

Advanced Micro Devices, Inc.'s growth surges with MI350 AI launch, ROCm updates & strong Data Center revenues. Click for my ...

1d

Advanced Micro Devices, Inc. (AMD) and HUMAIN Partner on $10B Global AI Infrastructure Expansion

We recently compiled a list of the 9 AI Stocks Poised to Gain from Trump’s Middle East AI Push. In this article, we are going ...

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