AMD Announces New $6 Billion Buyback, Raising Total Repurchase Program to $10 Billion

In a landmark announcement made during the US-Saudi Business Summit in Riyadh, AMD CEO Lisa Su revealed a game-changing initiative, one that’s poised to reshape the global AI infrastructure landscape. The $10 billion partnership with HUMAINAI, unveiled during President Joe Biden’s visit, marks AMD’s boldest foray yet into next-gen artificial intelligence systems. But that wasn’t all because in a twin announcement that excited Wall Street, AMD’s board also approved a $6 billion share repurchase program. The combined weight of this global AI partnership and strategic financial move caused AMD shares to climb in pre-market trading, showing strong investor support for the company’s ambitious roadmap.

What is AMD’s New AI Partnership About?

The strategic alignment establishing AMD and HUMAINAI is not solely an AI partnership, Colette. This is a commitment to build globally scalable and open AI infrastructure to possibly become the backbone for the next generation of technology to be built on. Depending on AMD, HUMAINAI have unwanted objectives in researching and developing highly scalable, easily integrated, open AI infrastructure that is publicly owned. The first point of call in terms of the fast-moving journey may be creating high-performance computing clusters, edge inference systems, and cloud AI capability on the back of AMD’s EPYC CPUs and INSTINCT GPUs. 

HUMAINAI have significant and deep capability in AI already, plus they have – and especially in the Middle East – strong regional strategic relationships aligned with SA’s “VISION 2030” aspirations to become leaders in technology and innovations. This partnership will look at developing open standards, best enabling AI and making it available worldwide and reducing barriers to emerging markets within regions. AMD’s offering to announce this deal when Lisa Su was in Riyadh is a clear statement of AMD’s global intentions.

Why Is AMD Launching a $6 Billion Stock Buyback Now?

Alongside its investment in global AI infrastructure, AMD’s board authorized a $6 billion share repurchase plan. Stock buybacks often signal confidence from the leadership about the company’s long-term health, and AMD is leaning into that narrative. The share repurchase program allows AMD to buy back shares over time, which could reduce the total number of shares outstanding and increase earnings per share for investors. This move also communicates to the market that AMD believes its current valuation still holds significant upside potential. In addition to strengthening shareholder value, this financial strategy helps AMD maintain flexibility in capital deployment while supporting major innovation efforts like the HUMAINAI partnership.

How Will This Impact AMD’s Market Position?

This combined announcement has multiple purposes. AMD is establishing itself as a major player in the future of global AI infrastructure, directly countering competition from rivals like Nvidia and Intel. AMD is also rewarding its stockholders and establishing market confidence through the AMD share repurchase program. The timing could not be more opportune. Today’s demand for AI applications is exploding manifold. 

With almost every sector needing AI, such as healthcare, defense, finance, and autonomous systems, and with AMD now on the cusp of expansive scaling solutions in infrastructure, they are standing alone in the field. AMD is engaged in becoming an ecosystem enabler, it is not just about selling chips. In doing this, AMD has positioned itself to receive new streams of revenue, forge a deeper relationship with an enterprise partner, and compete with other partners in the very volatile and rapidly expanding semiconductor industry.

What Could Be Next for AMD and HUMAINAI?

While the announcement is fresh, both companies have laid out early-stage goals that include setting up regional AI development centers, training hubs, and open-access platforms for AI researchers and developers. The roadmap over the next five years includes building out cloud-scale infrastructure with sustainability as a core principle. Investors and analysts will be closely watching how quickly AMD can translate this partnership into tangible revenue and market impact. Meanwhile, HUMAINAI’s role in deploying real-world use cases and AI-enabled solutions in critical infrastructure will be a key indicator of the partnership’s long-term success. AMD’s leadership has clearly signaled that this is just the beginning, with more announcements expected around collaborative AI frameworks and global developer grants.

A Calculated, Global Power Play

AMD’s bold $10 billion partnership with HUMAINAI is more than just a high-profile collaboration. It’s a calculated move into the heart of the global AI infrastructure race. By doubling down with a $6 billion AMD share repurchase, the company is showing shareholders and competitors alike that it has both the financial muscle and the technological ambition to lead the next era of computing. This initiative cements AMD’s place not just as a chipmaker, but as a pivotal architect in the world’s AI future. As the company balances innovation with investor value, all eyes will be on how effectively AMD scales this momentum globally.