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AMD Stock Pops On $6 Billion Buyback Plan, US Tariff Ease

Benzinga LogoBenzinga15h ago

AMD Stock Pops On $6 Billion Buyback Plan, US Tariff Ease - Benzinga

Quick Summary:

The new authorization is in addition to the remaining balance, as of March 29, of approximately $4 billion of its existing share repurchase program, increasing the total current repurchase authority to roughly $10 billion.

Advanced Micro Devices, Inc (NASDAQ:AMD) announced on Wednesday that its board of directors approved a new $6 billion share repurchase program.

Also Read: AMD Launches EPYC 4005 Chips For Small Business And Cloud


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AMD Stock Pops On $6 Billion Buyback Plan, US Tariff Ease - Benzinga (Picture 1)

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 14:49:22 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 422 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28714479

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 37 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #53

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