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AMD announces $6 billion buyback; shares climb 6%


Lisa su, AMD prey, talk to Amd Epyc Processor during a Keynote address on 2017 CES in Las Velad, United States, January 9, 2019.

Steve Mark | Reuders

Amd said wednesday that their approved directors advocated $ 6 billion in share share. The stock collected 6%.

Authorization is in excess of $ 4 billion in existing abode, the company said.

“Our Repair Reference Programs reflecting the board confidence in AMD’s strategic, and the ability to generate the foam in money,” Amd Cryyo Lisa are said in a statement.

Amd, the most important Artificial intelligence The Chip’s Firm from Nvidia, declared 96 cents in earn for part $ 7,44 billion in his first fourth fourth.

Amd announced A potentially is worth $ 10 billion investment on Tuesday to support a company you called Humain in Saudi Arabia with Chips. Its was in saudi arabia this week to announce the agreement.

AMD said he would provide graphic processors for the ai and also central processors needed to build ai per huhbin, which is Also by filling the shy processors. I am Bank of America Livek Arya Assist has adjusted $ 10 to his purpose of price for AMD, bringing $ 130 to share, on the news. I am

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