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AMD rose 7%; Arm rose 6%; SOXL, Nvidia rose 3%; Wolfspeed rose 2%; Marvell, TSMC rose 1%.$Advanced Micro Devices$ stock was rising sharply on Wednesday in response to news of an expanded share buyback program and prospective sales of chips to Saudi Arabia.AMD said its board of directors approved a new $6 billion stock buyback program. 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The leveraged ETF's significant move comes as major chip stocks across the board posted substantial gains, with industry leader Nvidia leading the charge.The semiconductor sector saw widespread gains, with Nvidia up 5%, while other major players like Broadcom, Micron, and Marvell gained around 3%. Industry giants such as TSMC, Intel, and AMD also ros","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["SOXL"],"gpt_icon":1},{"id":"1129940621","title":"Nvidia Jumps 5% After The Company to Provide Chips to Saudi Arabia's AI Firm Humain for Data Centers","url":"https://stock-news.laohu8.com/highlight/detail?id=1129940621","media":"Tiger Newspress","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1129940621?lang=en_us&edition=fundamental","pubTime":"2025-05-13 22:27","pubTimestamp":1747146473,"startTime":"0","endTime":"0","summary":"Semiconductor shares rose in Tuesday trading. SOXL up 6%; Nvidia up 5%; Broadcom, Micron, Marvell up 3%; TSMC, Intel, AMD up 2%.Nvidia will send semiconductors to Saudi Arabian AI company Humain for a","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Nvidia Jumps 5% After The Company to Provide Chips to Saudi Arabia's AI Firm Humain for Data Centers","news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AVGO","NVDA","MRVL","ARM","AMD","TSM","SOXL","MU"],"gpt_icon":1},{"id":"2535780295","title":"Nvidia, AMD Help The Chip Sector To Its Highest Close Since February","url":"https://stock-news.laohu8.com/highlight/detail?id=2535780295","media":"Dow Jones","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535780295?lang=en_us&edition=fundamental","pubTime":"2025-05-13 07:28","pubTimestamp":1747092500,"startTime":"0","endTime":"0","summary":"One analyst says it's now time to go 'back to fundamentals' on Nvidia's stock. 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