
Technology
Lam Research Bets $25bn on AI Trade Settlement
Chip equipment maker Lam surges 8.2% after unveiling a buyback of up to $25bn, the sharpest confidence signal yet inside the AI hardware chain after a $3trn rout.
Chinedu Nwosu
4 results for “buyback”

Chip equipment maker Lam surges 8.2% after unveiling a buyback of up to $25bn, the sharpest confidence signal yet inside the AI hardware chain after a $3trn rout.

Shell reports third-quarter adjusted earnings of $10.814bn, doubling year on year, while announcing a $5bn buyback and moving toward completing its Nigerian onshore exit.

Repsol announces up to €950 million of additional buybacks as it expands its planned shareholder distributions.

Shell launches a $5 billion share buyback programme after reporting strong quarterly operating cash flow and adjusted earnings.