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All the entries posted on August 09, 2007.
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Home > Plugged In > Archives > 2007 > August > 09
Thursday, August 9, 2007
AMD to sell $1.5 billion in new debt
Chipmaker Advanced Micro Devices Inc. announced late Wednesday it will issue $1.5 billion in convertible notes in order to raise cash to pay off previous debts.
The new debt offering comes as AMD, a major Austin employer, is trying to recover from major losses lately at the hands of arch rival Intel Corp. Read AMD’s news release here.
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