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AMD: A Semiconductor Giant's Journey Advanced Micro Devices, Inc (AMD), headquartered in Santa Clara, California, is a multinational technology corporation specializing in the design and development of semiconductor solutions. Founded in 1969, AMD initially focused on memory chips before entering th...
- Company type Public
- Industry Semiconductors
- Founded May 1, 1969
- Founders Team led by Jerry Sanders
- Headquarters Santa Clara, California, United States
- Area served Worldwide
- Key people Lisa Su (chair &
- Revenue US$25.79 billion (2024)
- Net income US$1.641 billion (2024)
- Website www.amd.com
AMD history
Last Updated : 21/03/25, 11:28 AM
Advanced Micro Devices (AMD), founded in 1969 by Jerry Sanders and colleagues from Fairchild Semiconductor, initially focused on supplying logic chips, prioritizing quality control for the burgeoning computer industry. Early successes included the Am2501 counter and Am2505 multiplier. Going public i...
AMD NEWS
From OpenAI to Meta, firms channel billions into AI infrastructure as demand booms
October 14, 2025 10:36 am
Multiple multi-billion dollar deals for AI, cloud, and chip infrastructure have been recently signed by major tech players like OpenAI, Meta, Nvidia, Google, Microsoft, and Oracle to secure essential computing power amid surging demand.
From OpenAI to Meta, firms channel billions into AI infrastructure as demand booms
October 07, 2025 1:02 pm
Here is a list of multi-billion dollar AI, cloud and chip deals signed recently.
AMD signs AI chip-supply deal with OpenAI, gives it option to take a 10% stake
October 06, 2025 7:22 pm
OpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.
Trump opens door to sales of version of Nvidia's next-gen AI chips in China
August 12, 2025 10:23 am
The U.S. Commerce Department has started issuing licenses for the sale of H20 chips to China, a U.S. official said on Friday. Washington does not feel the sale of H20 and equivalent chips compromises national security
US government to take cut of Nvidia and AMD AI chip sales to China
August 11, 2025 10:04 am
The Trump administration has said that it will continue to prevent China from buying Nvidia’s most advanced chips.
Tesla scraps Project Dojo: What it means for full self-driving and future of AI
August 12, 2025 9:06 am
Tesla abandons in-house chip production in favour of Nvidia, AMD, and Samsung partnerships to power its self-driving ambitions.
Broadcom launches Jericho chip to advance AI data center networks
August 05, 2025 10:31 am
Broadcom's engineers designed the Jericho chips to be deployed at a massive scale, and a single system can encompass roughly 4,500 chips.
AMD unveils Radeon RX 9060 XT with up to 16GB VRAM, starts from $299
May 23, 2025 11:14 am
The newly announced Radeon RX 9060 XT comes with up to 16GB RAM with AMD claiming that it is around 6 per cent faster than the much pricier NVIDIA GeForce RTX 5060 Ti.
OpenAI CEO Sam Altman and other US tech leaders testify to Congress on AI competition with China
May 09, 2025 6:19 pm
Sam Altman, CEO of OpenAI, maker of flagship AI model ChatGPT, and Lisa Su, CEO of AI chipmaker AMD, also testified at the hearing.
AMD CEO says ready to start chip production at TSMC's plant in Arizona
April 15, 2025 8:28 am
The move comes amid anticipated U.S. semiconductor tariffs, as AMD continues to rely heavily on TSMC for chip fabrication.
