AMD Just Borrowed $4.75 Billion, More Than Triple Its Last Bond Sale
The chipmaker is sitting on $13 billion in cash and investments. Why the biggest debt sale in its history?
AMD has just issued a staggering $4.75 billion in senior notes, marking the largest bond offering in the company's history. This new sale is more than triple the $1.5 billion raised in its previous bond offering in March 2025, which was earmarked for the acquisition of server builder ZT Systems. However, this time around, AMD has not specified a particular use for the funds, suggesting they may be used for general corporate purposes, potentially including debt repayment.
As of the second quarter, AMD boasts a robust financial position with $13.1 billion in cash and short-term investments, and generated $2.4 billion in operating cash flow.
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