As of Q1'26, AMD's cash and short-term investments reached $12.35B USD, marking a significant increase from the previous quarter, while total debt stood at $3.87B USD, remaining relatively stable. This latest data point reflects a strengthened liquidity position, with cash reserves more than tripling over the past two years. From Q2'23 to Q1'26, cash and short-term investments exhibited volatility, declining from $6.29B USD to a low of $4.54B USD in Q3'24 before surging to the current $12.35B USD, driven by notable growth in Q1'25 and Q1'26. In contrast, debt levels showed a gradual reduction from $2.86B USD in Q2'23 to $2.21B USD in Q4'24, followed by a moderate uptick to $3.87B USD, resulting in an improving net cash position overall and indicating prudent financial management amid fluctuating operational demands.