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Advanced Micro Devices

Advanced Micro Devices, Inc.
Public
Traded as NASDAQAMD
S&P 400 Component
Industry Semiconductors
Founded May 1, 1969; 47 years ago (1969-05-01)
Founder Jerry Sanders
Headquarters One AMD Place,
Sunnyvale, California, U.S.
Area served
Worldwide
Key people
Lisa Su (CEO and President)
John Edward Caldwell (Chairman of the Board)
Products Microprocessors
Motherboard SSDs
Graphics processing units
Random-access memory
TV tuner cards
Revenue Increase $1.307 billion (Q3 2016)
Increase $70 million (Q3 2016)
Increase $27 million (Q3 2016)
Total assets Increase $3.616 billion (Q3 2016)
Total equity Increase $385 million (Q3 2016)
Number of employees
8,306 (Q3 2016)
Website www.amd.com

Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company based in Sunnyvale, California, United States, that develops computer processors and related technologies for business and consumer markets. While initially it manufactured its own processors, the company became fabless after GlobalFoundries was spun off in 2009. AMD's main products include microprocessors, motherboard chipsets, embedded processors and graphics processors for servers, workstations and personal computers, and embedded systems applications.

AMD is the second-largest supplier and only significant rival to Intel in the market for x86-based microprocessors. Since acquiring ATI in 2006, AMD and its competitor Nvidia have dominated the discrete Graphics Processor Unit (GPU) market.

Advanced Micro Devices was formally incorporated on May 1, 1969, by Jerry Sanders, along with seven of his colleagues from Fairchild Semiconductor. Sanders, an electrical engineer who was the director of marketing at Fairchild, had like many Fairchild executives grown frustrated with the increasing lack of support, opportunity, and flexibility within that company, and decided to leave to start his own semiconductor company. The previous year Robert Noyce, who had invented the first practical integrated circuit or microchip in 1959 at Fairchild, had left Fairchild together with Gordon Moore and founded the semiconductor company Intel in July 1968.


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