AMD

Advanced Micro Devices, Inc.

Headquarters in Santa Clara, California, in 2020
Trade name	AMD
Company type	Public
Traded as	Nasdaq: AMD Nasdaq-100 component S&P 100 component S&P 500 component
Industry	Semiconductors
Founded	May 1, 1969; 55 years ago (1969-05-01)
Founder	Team led by Jerry Sanders
Headquarters	Santa Clara, California , United States
Area served	Worldwide
Key people	Lisa Su (chair & CEO) Mark Papermaster (CTO)
Products	AMD CPUs AMD GPUs
Brands	Ryzen Radeon Athlon Epyc Threadripper Virtex Vivado Sempron Duron AMD Instinct
Revenue	US$22.68 billion (2023)
Operating income	US$401 million (2023)
Net income	US$854 million (2023)
Total assets	US$67.89 billion (2023)
Total equity	US$55.89 billion (2023)
Number of employees	c. 26,000 (2023)
Website	amd.com
Footnotes / references [1]

Advanced Micro Devices, Inc. (AMD) is an American multinational corporation and technology company headquartered in Santa Clara, California and maintains significant operations in Austin, Texas. AMD is a hardware and fabless company that designs and develops central processing units (CPUs), graphics processing units (GPUs), field-programmable gate arrays (FPGAs), system-on-chip (SoC), and high-performance compute solutions. AMD serves a wide range of business and consumer markets, including gaming, data centers, artificial intelligence (AI), and embedded systems.

AMD's main products include microprocessors, motherboard chipsets, embedded processors, and graphics processors for servers, workstations, personal computers, and embedded system applications. The company has also expanded into new markets, such as the data center, gaming, and high-performance computing^[2] markets. AMD's processors are used in a wide range of computing devices, including personal computers, servers, laptops, and gaming consoles. While it initially manufactured its own processors, the company later outsourced its manufacturing, after GlobalFoundries was spun off in 2009. Through its Xilinx acquisition in 2022, AMD offers field-programmable gate array (FPGA) products.

AMD was founded in 1969 by Jerry Sanders and a group of other technology professionals. The company's early products were primarily memory chips and other components for computers. In 1975, AMD entered the microprocessor market, competing with Intel, its main rival in the industry. In the early 2000s, it experienced significant growth and success, thanks in part to its strong position in the PC market and the success of its Athlon and Opteron processors. However, the company faced challenges in the late 2000s and early 2010s, as it struggled to keep up with Intel in the race to produce faster and more powerful processors.

In the late 2010s, AMD regained market share by pursuing a penetration pricing strategy^[3] and building on the success of its Ryzen processors, which were considerably more competitive with Intel microprocessors in terms of performance while offering attractive pricing.^[4]