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Saudi Arabia, AI and AMD

Bloomberg on MSN · 2d

Saudi Arabia, AMD Plan $10 Billion Deployment of AI Gear

Humain, Saudi Arabia’s new artificial intelligence investment company, is teaming up with chipmaker Advanced Micro Devices Inc. to spend $10 billion on AI infrastructure over the next five years.

Network World · 10h

AMD, Nvidia partner with Saudi startup to build multi-billion dollar AI service centers

As part of the avalanche of business deals coming from President Trump’s Middle East tour, both AMD and Nvidia have struck multi-billion dollar deals with an emerging Saudi AI firm.

DatacenterDynamics · 1d

AMD and Saudi Arabia's Humain agree 500MW compute deal across the Kingdom and US

Newly launched Saudi Arabian AI venture Humain plans to deploy 500MW of data center compute over the next five years, featuring AMD hardware. Together, sovereign-backed Humain and AMD will invest $10 billion in the joint effort, which will see facilities built in both Saudi Arabia and the US.

AMD Stock Jumps

Fast Company on MSN · 1d

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.

Investopedia on MSN · 1d

AMD Stock Jumps as Chip Designer Announces New $6B Buyback Plan

KEY TAKEAWAYS Advanced Micro Devices shares jumped Wednesday, as the chip designer said its board approved a new $6 billion share buyback plan.The move will boost AMD's buyback program to $10 billion,

The Times of India on MSN · 1d

AMD announces $6 billion stock buyback plan, CEO Lisa Su says '...ability to consistently generate...'

AMD has announced a new $6 billion stock buyback program, increasing its total repurchase authorization to $10 billion. This decision reflects the board's confidence in AMD's growth prospects and ability to generate strong free cash flow.

1d

Amazon, AMD Launch Multibillion Dollar AI Projects in Saudi Arabia

The announcements follow reports that the US administration intends to facilitate AI chip deals between American firms and ...

2d

$10 Billion AI Shockwave: Saudi Arabia Taps AMD to Build a Global Tech Empire

Saudi Arabia is going all-in on AIand it just roped in a major U.S. chipmaker to help lead the charge. The Kingdom's new AI ...

Network World12h

US companies are helping Saudi Arabia to build an AI powerhouse

Nvidia, AMD, AWS, and others struck $100 billion in AI deals this week, aiming to profit from cheaper power and faster access ...

Saudi Firms Pledge More Than $20B In Data Center Projects Across U.S.

Data center development deals feature prominently in the $600B in investment the Trump administration says it has secured ...

1don MSN

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 ...

1d

AMD announces $6 billion buyback; shares climb 8%

AMD said on Wednesday that its board of directors approved $6 billion in share buybacks. The stock climbed 8%. The ...

1d

Stock Movers: Super Micro Computer, AMD, Aurora Innovation

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

1d

AMD Jumps On $10 Billion Saudi AI Partnership

Advanced Micro Devices (NASDAQ:AMD) just scored a huge win with a $10 billion, multi-year deal to power Saudi Arabia's new ...

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