secwatch / observer
8-K filed May 15, 2026, 4:12 PM ET ticker AMD CIK 0000002488
debt confidence high sentiment neutral materiality 0.60

ADVANCED MICRO DEVICES INC (AMD): debt financing — AMD enters $5.0B revolving credit facility, increases commercial paper program to $5.5B

ADVANCED MICRO DEVICES INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ADVANCED MICRO DEVICES INC incurred senior notes of $5.5 billion at rates that will vary based on market conditions at the time of the issuance of t maturing not exceed 397 days from the date of issue.

Instrument
senior notes
Principal
$5.5 billion
Rate
rates that will vary based on market conditions at the time of the issuance of t
Maturity
not exceed 397 days from the date of issue
Event
incurrence
Exact text from the filing
the Company increased to $5.5 billion from $3.0 billion the maximum aggregate amount outstanding at any time of unsecured commercial paper notes (the “Notes”) which the Company may issue on a private placement basis under the commercial paper program it established on November 3, 2022 (the “Program”).
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ADVANCED MICRO DEVICES INC entered into Credit Agreement with lenders named therein, JPMorgan Chase Bank, N.A., as administrative agent valued at $5.0 billion (effective 2026-05-14).

Action
entry
Agreement
credit facility
Counterparty
lenders named therein, JPMorgan Chase Bank, N.A., as administrative agent
Value
$5.0 billion
Effective
2026-05-14
Exact text from the filing
On May 14, 2026 (the “Closing Date”), Advanced Micro Devices, Inc. (the “Company”) entered into a Credit Agreement with the lenders named therein, JPMorgan Chase Bank, N.A., as administrative agent, and the other parties from time to time party thereto (the “Credit Agreement”).
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ADVANCED MICRO DEVICES INC terminated Existing Credit Agreement with Wells Fargo Bank, National Association, as administrative agent (effective 2026-05-14).

Action
termination
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association, as administrative agent
Effective
2026-05-14
Exact text from the filing
In connection with the entry into the Credit Agreement, the Company terminated all remaining commitments of the lenders under the Existing Credit Agreement.
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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

ADVANCED MICRO DEVICES INC shareholders rejected Stockholder Proposal Requesting the Lowering of the Ownership Threshold and Removal of the Holding Requirement to Call a Special Meeting at the 2026-05-13 meeting.

Outcome
failed
Meeting
2026-05-13
Exact text from the filing
Proposal No. 5: Stockholder Proposal Requesting the Lowering of the Ownership Threshold and Removal of the Holding Requirement to Call a Special Meeting. This proposal was not approved. The Company's stockholders did not approve the stockholder proposal requesting the ownership threshold be lowered and the removal of the holding requirement to call a special meeting. For Against Abstain Broker Non-Votes 375,193,701 624,384,602 3,717,705 266,537,638
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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

ADVANCED MICRO DEVICES INC shareholders approved Election of Directors at the 2026-05-13 meeting.

Proposal
director election
Outcome
passed
Meeting
2026-05-13
Exact text from the filing
Proposal No. 1: Election of Directors. All Directors were elected. The Company's stockholders elected the eight director nominees listed below to serve on the Board: For Against Abstain Broker Non-Votes Nora M. Denzel 947,789,490 53,782,687 1,723,831 266,537,638 Michael P. Gregoire 981,430,100 19,802,675 2,063,233 266,537,638 Joseph A. Householder 980,818,411 20,650,951 1,826,646 266,537,638 John W. Marren 997,404,298 4,082,948 1,808,762 266,537,638 KC McClure 999,283,773 2,283,216 1,729,019 266,537,638 Lisa T. Su 930,377,752 66,844,325 6,073,931 266,537,638 Abhi Y. Talwalkar 918,133,754 83,367,669 1,794,585 266,537,638 Elizabeth W. Vanderslice 998,000,474 3,591,977 1,703,557 266,537,638
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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

ADVANCED MICRO DEVICES INC shareholders approved Ratification of the Appointment of the Independent Registered Public Accounting Firm at the 2026-05-13 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2026-05-13
Exact text from the filing
Proposal No. 2: Ratification of the Appointment of the Independent Registered Public Accounting Firm. This appointment was ratified. The Company's stockholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 26, 2026. For Against Abstain 1,182,240,325 85,267,454 2,325,867
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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

ADVANCED MICRO DEVICES INC shareholders approved Approval of the Amendment and Restatement of the Advanced Micro Devices, Inc. 2023 Equity Incentive Plan to: (i) Increase the Number of Authorized Shares That Can be Issued by 65 Million Shares and (ii) Update the Plan for Certain Administrative Changes at the 2026-05-13 meeting.

Proposal
equity plan
Outcome
passed
Meeting
2026-05-13
Exact text from the filing
Proposal No. 4: Approval of the Amendment and Restatement of the Advanced Micro Devices, Inc. 2023 Equity Incentive Plan to: (i) Increase the Number of Authorized Shares That Can be Issued by 65 Million Shares and (ii) Update the Plan for Certain Administrative Changes. This proposal was approved. The Company's stockholders approved the amendment and restatement of the plan to (i) increase the number of authorized shares of Common Stock by 65 million shares and (ii) update the plan for certain administrative changes. For Against Abstain Broker Non-Votes 971,044,532 28,539,051 3,712,425 266,537,638
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

ADVANCED MICRO DEVICES INC shareholders approved Approval on a Non-Binding, Advisory Basis of the Compensation of the Company's Named Executive Officers at the 2026-05-13 meeting.

Proposal
say on pay
Outcome
passed
Meeting
2026-05-13
Exact text from the filing
Proposal No. 3: Approval on a Non-Binding, Advisory Basis of the Compensation of the Company's Named Executive Officers ("Say-on-Pay"). This proposal was approved. The Company's stockholders approved, on a non-binding basis, the compensation of the Company's named executive officers as disclosed in the Proxy Statement. For Against Abstain Broker Non-Votes 924,311,642 73,373,753 5,610,613 266,537,638
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10 debt financings filed in the last 30 days. Browse all debt financings →

ADVANCED MICRO DEVICES INC filing history →

Source: SEC EDGAR
accession 0001193125-26-226746
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