Advanced Micro Devices, Inc. (AMD) has disclosed a new risk, in the Debt & Financing category.
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Advanced Micro Devices, Inc. periodically enters into long-term capacity purchase agreements, financial guarantees and leases to support the infrastructure development of its customers and commercial partners. These commitments expose the company to counterparty risks, including partners’ inability to obtain financing, project delays and potential business downturns or insolvency. Should counterparties fail to meet their obligations, AMD could be required to honor these guarantees or commitments directly. This would likely have an adverse impact on its business performance, operating results, and overall financial condition.
Overall, Wall Street has a Strong Buy consensus rating on AMD stock based on 26 Buys and 8 Holds.
To learn more about Advanced Micro Devices, Inc.’s risk factors, click here.