Advanced Micro Devices (AMD) He has shot 4.68% in Wall Street after announcing that its board of directors has given 'green light' to a Actions repurchase program by value 6,000 million dollars. This new authorization It adds to 4,000 million dollars in repurchases of shares approved on March 29, 2025so the company raises the total to 10,000 million dollars. «Our Expanded Action Recompromoning program reflects the confidence of the Board of Directors in the strategic direction of AMD, its growth prospects and its ability to consistently generate a solid free cash flow«said Lisa Su, President and CEO of AMD.» We are still committed to a Disciplined Capital Assignment and with the generation of a solid profitability for shareholderswhich includes investing in our portfolio of leading products to boost growth and, at the same time, return capital to shareholders, «he added. The moment and the total amount of shares of shares will depend on the market conditions and can be done occasionally through purchases in the open market or in private negotiations. In addition, the technology has indicated that This program has no completion datecan be suspended or interrupted at any time and does not force the company to acquire any amount of ordinary shares. It should be noted that AMD has also signed a Strategic collaboration With the Saudi artificial intelligence company (AI) Humain. As part of the agreement, both signatures They will invest up to 10,000 million dollars to display 500 megawatts of AI computing capacity over the next five years. The IA suppleructure built by AMD and Humain will be open design, accessible to scale and optimized for Promote AI workloads in business, startup and sovereign markets. Thus, the Saudi will supervise the integral delivery, including hyperscale data centers, sustainable energy systems and global fiber interconnections, while the American will provide the full range of its computing portfolio of AI and the AMD ROCM open software ecosystem.
