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AMD price jumps on $6 billion stock buyback plan

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 Jumps. 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, Trump and NVIDIA

Reuters on MSN · 1d

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 intelligence deals in the Middle East as U.S. President Donald Trump secured $600 billion in commitments from Saudi Arabia to U.

Bloomberg L.P. · 1d

Nvidia and AMD Stocks Rally on Trump's Saudi Arabia Visit

President Trump is striking deals to give Saudi Arabia wider access to advanced AI chips. Nvidia, AMD are seeing gains while Super Micro announced it reached a deal worth $20 billion dollars. Bloomberg Technology Co-Host Ed Ludlow joined Bloomberg Open Interest with the latest.

East Bay Times · 10h

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 to advanced AI chips from Nvidia and AMD that are considered the gold

18h

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 ...

18h

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 ...

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 ...

eTeknix5h

AMD May Split Next-Gen Instinct GPUs into AI and HPC Models

AMD could make significant changes to its next generation of Instinct GPUs, which are designed for professional use.

26mon MSN

Trump’s rush to cut AI deals in Saudi Arabia and UAE opens rift with China hawks

Some officials are seeking to slow down the deals over concerns the US has not imposed sufficient guardrails. Read more at straitstimes.com. Read more at straitstimes.com.

15hon MSN

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.

Network World7h

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

As part of the avalanche of business deals coming from President Trump’s Middle East tour, both AMD and Nvidia have struck ...

8hon 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.

AOL5d

AMD: Is It Time to Buy the Stock Before Its AI Growth Explodes?

Its CPUs also saw strong growth in the enterprise segment. AMD saw several hyperscalers (owners of massive data centers) ...

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