AMD Stock Rises. 2 Things Boosting the AI Chip Maker. - Barron's
1. AMD announced a $6 billion expanded stock buyback program. 2. The buyback reflects confidence in AMD's growth and cash flow. 3. AMD will partner with Saudi Arabia to build AI computing centers. 4. The joint venture aims for $10 billion investment over five years. 5. Combined buybacks and partnerships may significantly enhance shareholder value.