According to a filing with the US Securities and Exchange Commission (SEC), Advanced Micro Devices has entered into a new credit agreement.

The agreement provides the company with an unsecured revolving credit facility of up to $5 billion. This financing arrangement has a term of five years and is designed to enhance the company’s financial flexibility and liquidity reserves. The revolving credit mechanism allows Advanced Micro Devices to draw, repay, and redraw funds at any time during the effective period of the agreement according to its operating capital needs, offering strong financial support for its strategic investments and daily operations.