What's Going On With AMD Stock Friday?
benzinga_article·
- Advanced Micro Devices Inc shares rose nearly 1% during Friday premarket trading following announcements of a record 5 billion dollar bond financing plan.
- The chipmaker intends to use the four-part investment-grade bond offering to support aggressive artificial intelligence and server expansion initiatives.
- The company projected rapid data-center growth alongside major customer commitments from partners including OpenAI, Meta Platforms, and Anthropic.
