AMD Increases Its Share Buyback Authorization By $6 Billion After Buying Back $749 Million Worth Of Shares Last Quarter

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This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy. AMD is on a roll these days, especially as the risks surrounding the US-China trade war 2.0 have largely abated and the AI-driven CapEx among hyperscalers shows no sign of slowing down. As an illustration of AMD's newfound confidence, consider the fact that the company has now increased its share buyback authorization by $6 billion. When coupled with the ~$4 billion in existing authorizations (as of the 29th of March 2025), the company's total outstanding buyback authorization...