US stocks surge | AMD (AMD.US) rises nearly 7% announces new $6 billion share buyback plan

According to the Securities Times app, AMD (AMD.US) announced a new $6 billion stock repurchase plan on Wednesday. The company stated in a statement that this repurchase is in addition to the remaining $4 billion in the existing repurchase plan as of March 29. After the announcement, as of the deadline, the company's stock price rose nearly 7% in early trading.