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Lisa Su, President and CEO of AMD, tells about the AMD EPYC processor during the CES 2019 CES in Las Vegas, Nevada, USA, January 9, 2019.
Steve Marcus | Reuters
Amd said on Wednesday that his board of directors approved $ 6 billion in shares. The stock rose 6%.
In addition to $ 4 billion in existing approved ransoms, the company reports.
“Our extended ransom program Lisa is said in a statement.
AMD, most important Artificial intelligence Chip Company, besides NVIDIA, reported 96 cents per share for $ 7.44 billion in profit in its financial first quarter.
Amd announced The transaction potentially costs $ 10 billion on Tuesday to support AI called Humain in Saudi Arabia with chip. This week, SU was in Saudi Arabia to report the deal.
AMD said it would provide graphic processors for II as well as for the central processors needed to create AI servers to Humain, which is Also purchase Nvidia processors. Vivek Arya Bank Analyst added 10 dollars to its price for AMD, giving it up to $ 130 per share In the news.
AMD to date
