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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.

AI, NVIDIA and AMD

Yahoo Finance · 12h

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.

The Motley Fool on MSN · 10h

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. Add in the value of its other businesses, and the case for Amazon outpacing the chipmaker becomes obvious.

MarketWatch on MSN · 1d

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.

19h

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 ...

2hon MSN

AI, Quantum Stocks Are Some of the Most Shorted on Wall Street

AI stocks are the hottest trades on Wall Street again. They're also among traders' favorite stocks to bet against.

12h

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 ...

1don MSN

US tech firms Nvidia, AMD secure AI deals as Trump tours Gulf states

By Max A. Cherney and Stephen Nellis (Reuters) -A number of U.S. technology firms on Tuesday announced artificial ...

Network World5h

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 ...

6h

Trump’s Mideast visit opens floodgate of AI deals led by Nvidia

Under agreements with the US expected to be unveiled in coming days, Saudi Arabia and the UAE are poised to win wider access ...

22hon 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 ...

Network World3h

US companies are helping Saudi Arabia to build an AI powerhouse

Nvidia, AMD, AWS, and others struck $100 billion in AI deals this week, aiming to profit from cheaper power and faster access ...

9h

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 ...

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