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Nvidia, AMD extend stock gains. Why the AI trade is roaring back.
Nvidia’s partnership with Saudi Arabia’s Humain could help offset some of its revenue losses in China, analysts said.
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.
AMD price jumps on $6 billion stock buyback plan: What that means and why it matters
Shares of semiconductor manufacturer AMD were up Wednesday after a big stock buyback authorization. Here's what that means.
Nvidia CEO Jensen Huang Expected To Unveil New AI Alliances At Computex 2025 As Geopolitical Pressures Persist Over Tech Sector
Computex 2025 will spotlight Nvidia CEO Jensen Huang as he returns to headline the first major Asian tech gathering since Trump's tariff threats, with expected announcements on new AI partnerships amid rising geopolitical and industry shifts.
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.
TensorWave raises $100M to build out AI training cluster data center with 8,000+ AMD GPUs
TensorWave Inc., a graphics processing unit cloud platform for artificial intelligence that’s focused on offering an alternative to Nvidia Corp.’s market dominance through Advanced Micro Devices Inc. chips, announced today that it has raised $100 million in an early-stage funding round led by Magnetar and AMD Ventures.
AMD Stock Jumps as Chip Designer Announces New $6B Buyback Plan
Advanced Micro Devices shares jumped Wednesday, as the chip designer said its board approved a fresh $6 billion share buyback program.
A guide to Nvidia's competitors: AMD, Qualcomm, Broadcom, startups, and more are vying to compete in the AI chip market
Despite Nvidia's AI semiconductor dominance, competitors are innovating to challenge its lead. Read about AMD, Qualcomm, Broadcom, Amazon, and more.
AMD stock rallies on stock buyback announcement: find out more
AMD increases existing stock repurchase authorisation by $6 billion. The AI chips giant has signed a multi-year deal with Saudi Arabia.
Nvidia and Other AI Stocks Climb as Saudi Deals Raise Expectations of More to Come
Nvidia and other AI stocks climbed Wednesday, extending Tuesday's gains as Saudi partnerships stoked excitement for future deals.
The Business Times4h
AI chipmaker AMD unveils US$6 billion buyback plan
BENGALURU] Advanced Micro Devices (AMD) on Wednesday (May 14) announced a new US$6 billion stock buyback plan, joining a string of chipmakers that are looking to reduce their float as the artificial intelligence (AI) trade that has powered their shares shows some signs of slowing.
Why AMD Stock Popped Wednesday Morning
Shares of Advanced Micro Devices ( AMD 4.62%), commonly referred to as AMD, charged sharply higher on Wednesday, gaining as much as 8.9%. As of 11:34 a.m. ET, the stock was still up 4.9%.
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