Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on.
The modern economy runs on technologically advanced semiconductors that are the brains of millions of devices, from space vehicles to computers, smartphones, video games, and appliances.
The semiconductor industry’s global market size was $527.88 billion in 2021 and is estimated to grow to $1,380.79 billion in 2029, with a CAGR of 12.2%. As semiconductor applications proliferate, semiconductor manufacturing units continue to prosper.
Several companies worldwide compete to produce smaller, cheaper, and faster chips to manufacture powerful and affordable technology products. AMD is one of the world’s most impressive semiconductor companies offering people technologically advanced and innovative computing and gaming products.
Read further to uncover everything about AMD- its startup story, founders, funding, investments, products, challenges faced, acquisitions, and more.
AMD – Company Highlights
| Company Name | AMD |
|---|---|
| Headquarters | Santa Clara, California, United States |
| Sector | Semiconductor |
| Founders | Jerry Sanders, Edwin Turney, Jack Gifford, John Carey, Sven Simonsen, Frank Botte, Ray Davis, Jim Giles |
| Founded In | 1969 |
| Revenue | $165.3B (2022) |
| Website | Amd.com |
AMD – About
AMD – Founders and Team
AMD – Startup Story
AMD – Mission and Vision
AMD – Business Model
AMD – Products and Services
AMD – Challenged Faced
AMD – Funding and Investments
AMD – Mergers and Acquisitions
AMD – Patents and Trademarks
AMD – Growth
AMD – Partners
AMD – Awards and Achievements
AMD – Competitors
AMD – Future Plans
AMD – About
Advanced Micro Devices, popularly recognized as AMD, is an American multinational semiconductor company. For over 50 years, it has driven innovation in high-performance and adaptive computing, graphics, video gaming, and visualization technologies for businesses and consumer markets.
AMD serves worldwide with its offices in Europe, the Middle East, Africa, North America, South & Central America, and Asia Pacific. This public-based company services millions of people, leading Fortune 500 businesses, and cutting-edge scientific research institutions worldwide, improving how they live, work, and play.
AMD – Founders and Team
Jerry Sanders and seven other technology experts founded AMD. Walter Jeremiah (Jerry) Sanders III, an American businessman and engineer attended the University of Illinois Urbana-Champaign and graduated with a Bachelor of Science.
Before co-founding AMD, he worked for the Douglas Aircraft Company, Motorola, and Fairchild Semiconductor.
The co-founders who contributed to the company’s establishment are:
- Edwin Turney
- Jack Gifford
- John Carey
- Frank Botte
- Ray Davis
- Jim Giles
- Sven Simonsen
AMD operates under the guidance of Lissa Su (President, Chair & CEO) and Mark Papermaster (CTO). Currently, its employee strength is over 25,000.
AMD – Startup Story
When working as director of marketing at Fairchild, Jerry Sanders grew frustrated with the increasing lack of support, flexibility, and opportunity with the organization and later left it to commence his own semiconductor company. He and his seven colleagues from Fairchild incorporated AMD on May 1, 1969.
In 1970, AMD released its first product and went public after two years. The company started producing computer chips in the mid-1970s. It began supplying second-source chips for Intel Corporation in 1982, and the agreement ended in 1986. In 1991, the company launched the Am386 microprocessor family and introduced the Athlon processor in 2000.
In 2008, AMD announced its plan to split the organization into – microprocessor designing unit and a manufacturing unit. The company further restructured into two parts – computing and graphics in 2014. AMD was established as the first major hardware manufacturer to join the Blockchain Game Alliance in December 2019.
Pratyusha Srivastava
AMD – Mission and Vision
AMD aims to build great products to accelerate next-generation computing experiences. Moreover, the company’s vision statement is, ‘High-performance and adaptive computing is transforming our lives.‘
AMD – Business Model
AMD is involved in designing and producing computer processors, graphic processors, and other computer-related components. Moreover, the company reports under four business segments, i.e., Data Center, Gaming, Client, and Embedded.
AMD – Products and Services
AMD has diverse product offerings, including central processing units, graphics processing units, chipsets, microprocessors, systems-on-chip (SoCs), motherboard chipsets, network interface controllers, embedded processors, solid-state drivers, drivers, and TV accessories.
Moreover, the company offers Workloads, Deployments, Network, Infrastructure, and Storage solutions to Data Centers & Cloud. In addition, it provides Gaming, Technologies, and Systems support.
AMD – Challenged Faced
AMD and Intel have been involved in multiple legal battles over the three and a half decades of the license agreement. Moreover, at the beginning of 2010, the company’s overall financial position was tenuous, impacted by the 2008-09 recession.
Sarika Anand
Even it laid off 1100 jobs worldwide at the end of 2009. In October 2012, the company announced an additional layoff round that represented 15% of its workforce in the face of declining revenues.
AMD – Funding and Investments
AMD has undertaken 1 funding round, i.e., Post-IP Equity Round, on March 2, 2023, and Daniel Loeb funded it. Moreover, it has made the following 7 investments:
| Date | Organization Name | Funding Round | Money Raised | Lead Investor |
|---|---|---|---|---|
| June 25, 2020 | W3BCLOUD | Convertible Note | $20.5 million | – |
| October 23, 2014 | Soft Machines | Private Equity Round | $125 million | – |
| January 29, 2013 | InContext Solutions | Series C | $6.4 million | – |
| December 31, 2011 | InContext Solutions | Series B | $1.5 million | – |
| October 20, 2011 | BlueStacks | Series B | $5.6 million | – |
| June 9, 2011 | ViVu | Series B | – | – |
| June 30, 2000 | eHitex | Private Equity Round | $100 million | – |
AMD – Mergers and Acquisitions
AMD has acquired 7 companies, and these are:
| Company | Announced Date | Price |
|---|---|---|
| AMD Pensando | April 4, 2022 | $1.9 billion |
| Xilinx | October 27, 2020 | $35 billion |
| Nitero | April 10, 2017 | – |
| HiAlgo | June 29, 2016 | – |
| SeaMicro | February 29, 2012 | $334 million |
| ATI Technologies | July 24, 2006 | $5.4 billion |
| Alchemy Semiconductor | February 6, 2022 | – |
AMD – Patents and Trademarks
AMD’s intellectual property includes 5,215 registered patents, primarily categorized into the ‘Computing; Calculating’ class. Moreover, the company is registered with 121 trademarks, and ‘Scientific and Electric Apparatus and Instruments’ is the most popular class.
AMD – Growth
AMD’s estimated annual revenue in 2022 is $14.8 billion ($591,799 per employee). In January 2022, its valuation stood at $165.3 billion. Moreover, the employee count elevated by 23% last year, and monthly website visits grew by 7.36%, with 28,935,594 visits.
AMD – Partners
AMD has 37 partners, of which 22 are technology partners, and 15 are channel partners. Some of them are:
- Adobe
- ASRock
- ASUS
- Biostar
- Gigabyte
- MSI
- PowerColor
- Sapphire
- Vastarmor
- XFX
- Yeston
AMD – Awards and Achievements
AMD has won multiple prestigious awards:
- ‘CPU of the Year award in 2018 for AMD Ryzen 7 2700X by Trusted Reviews Awards
- ‘Value CPU of the Year award in 2018 for AMD Ryzen 5 2600 by Trusted Reviews Awards
- ‘Company of the Year award at PCR Awards 2018 in London
- ‘Brand of the Year award in 2018 by Trusted Reviews Awards
AMD – Competitors
Some of its main competitors are:
- Intel
- Analog Devices
- Synaptics
- Synopsys
- STMicroelectronics
- Qualcomm
- NVIDIA
AMD – Future Plans
In 2023, AMD expects to take on 5 different SOCs. It will combine all-new design winds and refreshed 2022 systems based on what the laptop builder is looking for. Moreover, the company plans to release Zen 5-based CPUs in 2024.
FAQs
What does AMD stand for?
AMD stands for Advanced Micro Devices.
What is AMD and what does it do?
AMD is an American multinational semiconductor company. For over 50 years, it has driven innovation in high-performance and adaptive computing, graphics, video gaming, and visualization technologies for businesses and consumer markets.
Who are the main competitors of AMD?
Some of AMD’s main competitors are:
- Intel
- Analog Devices
- Synaptics
- Synopsys
- STMicroelectronics
- Qualcomm
- NVIDIA