AMD · 10-Q · 2026Q3 · Full report

Liquidity and Cash Position

ADVANCED MICRO DEVICES INC · 2026-11-04 · Importance 64 · Surprise 56 · From source text

Cash, cash equivalents, and short-term investments totaled $15.8 billion at September 26, 2026, up from $10.6 billion at December 27, 2025. AMD generated $6.523 billion of operating cash from continuing operations during the first nine months of 2026, compared with $4.189 billion a year earlier. The company also had a $5.0 billion revolving credit facility and a $5.5 billion commercial paper program, with no borrowings outstanding under either at September 26, 2026.

Key facts

• As of September 26, 2026, cash, cash equivalents and short-term investments were $15.8 billion, compared with $10.6 billion as of December 27, 2025. source
• As of September 26, 2026, AMD had $15.8 billion of cash, cash equivalents and short-term investments, compared with $10.6 billion as of December 27, 2025. source
• Net cash used in investing activities of continuing operations was $6.4 billion for the nine months ended September 26, 2026, including $6.8 billion of short-term investment purchases, $1.8 billion of property and equipment purchases and $1.1 billion of long-term investment purchases, partly offset by $3.4 billion of proceeds from short-term investment maturities and sales. source
• AMD expects to fund operations, capital expenditures, commitments and strategic activities over the next 12 months and beyond using cash, short-term investments, operating cash flows, and borrowing capacity under its revolving credit facility and commercial paper program, which it expects to be sufficient; it may also access capital markets. source
• AMD has a $5.0 billion unsecured revolving credit facility expiring in 2031 and a commercial paper program allowing up to $5.5 billion of unsecured notes with maturities of up to 397 days; neither program had borrowings outstanding as of September 26, 2026. source

Impact estimates