Does AMD pay dividends? How the chipmaker spends its money

Advanced Micro Devices' banal has risen much than 100-fold successful the decennary done 2026, benefiting from request for its processors — cardinal processing units (CPUs) and graphics processing units (GPUs) — and the associated bundle utilized successful artificial quality programs and applications.

Revenue and nett surged toward grounds levels successful 2025, and the institution is flush with cash.

Still, the institution doesn't expect to wage dividends anytime soon, and investors hoping for dividend income from AMD are apt to hold for a agelong time. 

Here's a person look astatine AMD's instrumentality connected dividends.

Why doesn't AMD wage dividends?

AMD is focused connected investing wealth backmost into its businesses to substance further growth, and the institution views its banal repurchase programme arsenic the mode to instrumentality worth to shareholders.

"AMD does not presently wage a currency dividend astatine this time," the institution said successful its Frequently Asked Questions conception connected its website. "As a growth-oriented company, we are investing successful returning superior to shareholders done our stock repurchase program. There are nary plans astatine this clip to connection a dividend." 

Related: AMD's banal divided past (& prospects) explained

How does AMD walk its money?

AMD has been successful concern for much than fractional a century, but it lone embarked connected a banal repurchase programme successful 2021, erstwhile it was flush with cash. Since then, the institution has spent billions of dollars buying backmost banal successful the unfastened marketplace and volition proceed to bash so.

Still, with the banal terms astatine grounds highs arsenic of June 2026, it's amended disconnected holding backmost connected buying banal astatine a premium and deploying its currency elsewhere.

At the aforesaid time, 1 country of AMD's absorption has been probe and development, wherever it has produced the adjacent procreation of processors and associated software. As AMD's gross and nett accrued implicit the years, truthful has its spending connected probe and development. 

More connected dividends:

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• Amazon's dividends & banal splits: What you request to cognize

• How overmuch does Home Depot wage successful dividends? 

AMD said successful its 2025 yearly study that its summation successful R&D spending "was chiefly owed to higher employee-related costs from an summation successful headcount successful enactment of our continued absorption connected our AI strategy."

Spending connected R&D much than quadrupled to $8.09 cardinal successful 2025 from $1.983 successful 2020, portion its escaped currency travel roseate by astir sevenfold.

Source: AMD

Related: AMD's banal buybacks explained: History, equilibrium & outlook

This communicative was primitively published by TheStreet connected Jun 27, 2026, wherever it archetypal appeared successful the Investing section. Add TheStreet arsenic a Preferred Source by clicking here.