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Technology Stocks : Semi Equipment Analysis
SOXX 289.38-3.4%4:00 PM EST

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From: Julius Wong5/14/2025 3:12:06 PM
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AMD unveils new $6B share buyback program

May 14, 2025 9:09 AM ET
By: Chris Ciaccia, SA News Editor

  • AMD (NASDAQ: AMD) announced a new $6B share buyback program on Wednesday.
  • Shares rose 6% in premarket trading.
  • The buyback is in addition to the $4B it had left on an existing buyback program as of March 29, the company said in a statement.
  • “Our expanded share repurchase program reflects the Board’s confidence in AMD’s strategic direction, growth prospects, and ability to consistently generate strong free cash flow,” said AMD Chair and CEO Dr. Lisa Su. “We remain committed to disciplined capital allocation and driving strong shareholder returns, including investing in our leadership product portfolio to drive growth, while returning capital to owners.”
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