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Best AMD Stock Rally In 2 Years Gets A Buyback Boost
AMDAMD(AMD) Benzinga·2025-05-15 23:36

Advanced Micro Devices Inc. AMD is riding its strongest rally in two years – and now, it's firing on all cylinders with a fresh catalyst: a 6billionstockbuybackplan.Theannouncement,coupledwithastringofrecentwins,hassentAMDsharessoaringover216 billion stock buyback plan. The announcement, coupled with a string of recent wins, has sent AMD shares soaring over 21% in the past month.AMD Stock Technical Breakout In ProgressChart created using Benzinga ProAMD has broken past resistance at around 115 and is charging toward its 200-day simple moving average (SMA) of $127.18. With the stock trading above its five ...