AMD Stock Gains As Chipmaker Reportedly Eyes $5B Debt Sale Amid Surging Compute Demand
Advanced Micro Devices Inc. is preparing to raise up to $5 billion in its largest-ever investment-grade debt offering to fund capital demands driven by the rapid growth of artificial intelligence. AMD aims to raise up to $5 billion across four note tranches with maturities ranging from three to 10 years. Proceeds will cover general corporate … Read more