Home / AMD News Today: AI Partnerships, Share Repurchase, Quarterly Earnings, & More

AMD News Today: AI Partnerships, Share Repurchase, Quarterly Earnings, & More

By: Jasmin Espinas
June 13, 2025

Advanced Micro Devices (AMD) is stepping further into enterprise AI, competing directly with NVIDIA and Intel across the server and chip markets. AMD news today highlights the company’s AI advancements, including new collaboration efforts to expand its role in accelerated computing.

This update also covers AMD’s share repurchase program and results from its Q1 2025 earnings report.

AMD News Today: AMD Collaborates With AI Startups for Next-Gen Chip and Software Design

AMD has deepened its partnerships with several AI startups to strengthen both its chip hardware and supporting software stack.

At AMD #AdvancingAI 2025, we shared many exciting updates on our end-to-end Al solutions, products, and ecosystem, and our vision for the future of AI.

Here are some highlights 👇 pic.twitter.com/hPxZfODZ0k

— AMD (@AMD) June 12, 2025

This effort reflects the company’s broader plan to compete more directly with NVIDIA by building a viable hardware alternative tailored to machine learning workloads.

In line with this move, AMD recently acquired ZT Systems, a server manufacturer, and several smaller software firms.

This AMD news today also includes updates from Cohere, one of the companies now using AMD’s improved ROCm stack.

Cohere builds custom AI models for business applications. Additionally, this company has seen faster deployment times after adapting its systems for AMD chips.

Its CEO, Aidan Gomez, noted that what once took weeks now takes days.

While he didn’t specify how much Cohere’s infrastructure depends on AMD, he described it as a meaningful share of their global compute usage.

AMD News Today: AMD Launches New AI Server Platform

On June 12, AMD CEO Dr. Lisa Su introduced a new AI server platform, Helios, built around the upcoming MI400 chip series.

This platform is scheduled for release in 2026.

The announcement occurred during the company’s “Advancing AI” event in San Jose. In this event, Su positioned AMD’s Helios server as a direct challenger to NVIDIA’s NVL72.

The Helios system will feature 72 MI400 chips, designed to handle enterprise-scale AI training and inference.

Unlike NVIDIA’s proprietary NVLink setup, AMD plans to make the Helios networking framework open and accessible to partners, including Intel.

AMD news today also highlighted partnerships with major players, including OpenAI, which is actively working with AMD to refine the MI450 chips.

In addition, executives from Meta, xAI, Oracle, and Crusoe Cloud joined the event to share their adoption plans. Crusoe alone expects to invest $400 million in AMD’s new chips.

AMD News: AMD Board Greenlights $6 Billion Share Repurchase Program

AMD announced on May 14 that its board approved a $6 billion share repurchase program.

💵📈 AMD Announces $6B Share Buyback, Boosting Repurchase Program to $10B

Advanced Micro Devices approves a new $6 billion share buyback, increasing its total repurchase authority to $10 billion. The move reflects confidence in the company’s financial strength and commitment to… pic.twitter.com/IHGnKJASo0

— PiQ (@PiQSuite) May 14, 2025

This new allocation adds to the $4 billion under its previous authorization as of March 29, 2025, bringing the company’s total current buyback capacity to roughly $10 billion.

The decision signals the board’s confidence in AMD’s ability to continue generating cash while maintaining long-term investment in product development.

AMD Chair and CEO Dr. Lisa Su stated the expansion supports both shareholder returns and continued funding for the company’s product roadmap.

However, AMD clarified that stock repurchases will vary based on market conditions and may occur through open market or privately negotiated transactions.

The program has no set end date and may be modified or paused at any time.

AMD News: AMD Sees Revenue Boost in Q1 2025 Thanks to AI Momentum

On May 6, AMD reported $7.4 billion in revenue for the first quarter of 2025, up 36% from the same period last year.

The gross margin reached 50%, with operating income of $806 million and net income of $709 million.

On a non-GAAP basis, the company posted a 54% gross margin and $1.6 billion in net income, with diluted earnings per share at $0.96.

CEO Dr. Lisa Su pointed to four consecutive quarters of accelerating growth. She also noted that AMD remains focused despite broader regulatory and economic uncertainties.

Meanwhile, CFO Jean Hu highlighted stronger margins and scale-driven earnings leverage.

She added that AMD plans to continue investing in product development and go-to-market expansion, aiming to support long-term performance and deliver shareholder value through execution.

Final Thoughts

AMD is positioned to compete more aggressively across enterprise AI, data center systems, and advanced chip design.

With consistent revenue growth, collaboration with AI leaders, and shareholder repurchases, the company is signaling confidence in both near-term demand and long-term scalability.

While execution will remain critical, especially as competitors move quickly, AMD enters the second half of 2025 with momentum in core areas and stronger visibility across its data center roadmap.

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