> Nothing in return? AMD stock is up 30% today on this news.
Companies don't actually get any money when their stock goes up. Maybe AMD owns a lot of their own stock and can sell it off to see a gain, but the stock simply rising doesn't contribute anything to AMD.
Who is AMD ? A collection of shareholders, all 30% richer ? A collection of employees, all with stock vesting 30% richer ? A bank account in a corporate bank, that indeed changed not at all ?
Companies don't actually get any money when their stock goes up. Maybe AMD owns a lot of their own stock and can sell it off to see a gain, but the stock simply rising doesn't contribute anything to AMD.