AMD approves a new $6B share buyback program, boosting its total repurchase authority to ~$10B, with no termination date; AMD jumps 5%+ but is down 2% YTD (Deborah Sophia/Reuters)

Deborah Sophia / Reuters:
AMD approves a new $6B share buyback program, boosting its total repurchase authority to ~$10B, with no termination date; AMD jumps 5%+ but is down 2% YTD  —  Chip designer Advanced Micro Devices (AMD.O) said on Wednesday its board has approved a new $6 billion share buyback program …