AI chipmaker AMD unveils $6B buyback plan

foxbusiness.com/markets/ai-chipmaker-amd-unveils-6b-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.
Shares of the Santa Clara, California-based company rose as…

This story appeared on foxbusiness.com, 2025-05-14 18:47:12.
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