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AI, AMD and of chipmakers

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

Fox Business · 1d

AI chipmaker AMD unveils $6B buyback plan

AMD has been lauded as the most formidable competitor to Nvidia's dominance, but the firm now faces tough competition from custom processors and the larger rival's industry stronghold.

US tech firms Nvidia, AMD secure AI deals

Reuters on MSN · 2d

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.

East Bay Times · 14h

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

EconoTimes · 1d

Trump’s Gulf Tour Highlights AI Chip Deal and Strategic U.S. Partnerships

U.S. President Donald Trump wrapped up his Gulf tour on Thursday with a speech to American troops at Al Udeid Air Base in Qatar before heading to the United Arab Emirates (UAE) to deepen diplomatic and economic ties.

18m

Should You Buy Advanced Micro Devices (AMD) Stock After Its 47% Drop?

The stock is trading at an attractive valuation following a 47% decline over the past year. AMD, as its known, is still chasing Nvidia in the AI data center market, but the company's latest GPUs could ...

21h

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 ...

22h

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 ...

Network World11h

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 ...

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 ...

11hon 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.

eTeknix9h

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.

DatacenterDynamics2h

AMD GPU cloud provider TensorWave secures $100m Series A funding

GPU cloud provider TensorWave has closed a $100 million Series A funding round. Magnetar and AMD Ventures led the fundraising ...

10hon MSN

Watch These AMD Stock Price Levels as 6-Session Winning Streak Snapped

Advanced Micro Devices shares fell Thursday after gaining ground for six consecutive days amid optimism about recently announced AI deals and share buyback plans. Monitor these crucial support and ...

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