[DEVELOPING] AMD priced a $4.75bn senior-note offering as BofA named it top pick on a raised 2030 server-CPU TAM
AMD priced a four-tranche $4.75bn senior-note offering on Friday, its largest debt raise, with proceeds framed against AI hardware and capital spending; settlement was expected Monday. Separately Bank of America's Vivek Arya lifted his 2030 server-CPU market forecast above $210bn and named AMD top pick. AMD closed +6.50% at 514.39 on 08-14, so both items are already expressed in Friday's tape; the raise is a financing transaction rather than a change in realized results.