US Stock Market Movements | Completed the largest dollar bond issuance in history, Advanced Micro Devices (AMD.US) defies the trend with an almost 4% increase.
According to Zhitong Finance APP, on Friday, Advanced Micro Devices, Inc. (AMD.US) rose nearly 4% in early trading, currently priced at $500.37. In news, AMD has completed its largest dollar bond issuance in company history, raising a total of $4.75 billion. With the surge in global computing power demand driven by the artificial intelligence (AI) boom, AMD is continuously increasing its investments in this area, and this bond issuance has become the latest case of technology companies conducting large-scale financing for AI infrastructure.
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