Moody's upgrades Advanced Micro Devices' CFR to Ba2 and senior unsecured rating to Ba3; outlook positive
Rating Action: Moody's upgrades Advanced Micro Devices' CFR to Ba2 and senior unsecured rating to Ba3; outlook positive. Global Credit Research- 13 Sep 2019. New York, September 13, 2019-- Moody's Investors Service upgraded Advanced Micro Devices, Inc.' s corporate family rating to Ba2 from Ba3 and senior unsecured rating to Ba3 from B1.Advanced Micro Devices is a semiconductor company. The company primarily provides x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit, chipsets, graphics processing units (GPUs), data center and personnel GPUs, and development services; server and embedded processors, semi-custom System-on-Chip products, development services and technology for game consoles. The company also licenses portions of its intellectual property portfolio. The company's segments are: Computing and Graphics, which consists of desktop, notebooks, commercial, and chipsets products; and Enterprise, Embedded and Semi-Custom, which includes server processors, and embedded P\processors products.
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