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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...

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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 &amp
Revenue US$25.79 billion (2024)
Net income US$1.641 billion (2024)
Website www.amd.com

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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...

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The AMD Radeon RX 9060 XT might be the best GPU under Rs 30,000.

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.

Sam Altman, Co-Founder and Chief Executive Officer, OpenAI, appears before a Senate Committee on Commerce, Science, and Transportation hearing to examine winning the AI race, focusing on strengthening United States capabilities in computing and innovation, in the Hart Senate Office Building in Washington, Thursday, May 8, 2025. (Rod Lamkey, Jr./The New York Times)

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.

AMD to cut 4% of global workforce as it focuses on AI chip development

November 14, 2024 8:33 am

AMD is laying off 4% of its workforce to focus on developing AI chips, aiming to compete with Nvidia in the rapidly growing AI market. With high demand from data centers, AMD's data center revenue has doubled, positioning it to capitalize on the AI boom, despite declining PC and gaming sales.

Intel, AMD team up to confront rising challenge from Arm

October 16, 2024 5:48 am

By contrast, Intel and AMD use the same underlying x86 technology in their chips, but software sometimes must be tweaked to work across their offerings.

AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock

August 20, 2024 8:23 am

AMD is acquiring server maker ZT Systems for $4.9 billion to boost its AI chip portfolio and compete with Nvidia.

I tested the Asus ZenBook S 16 powered by the AMD Ryzen AI processor and was pleasantly surprised for two reasons

August 13, 2024 8:12 am

The AMD-powered Asus ZenBook S 16 offers a 16-inch Windows notebook as slim and light as a MacBook Air.

AMD raises forecast for AI chip revenue and sees supplies remaining tight

July 31, 2024 8:50 am

While the supply of AI chips is expected to remain tight through 2025, the growing demand and AMD's success in the market indicate a promising future for the company.

‘Trying to enable a whole range of interactions; NPU is a part of the equation’: AMD director on AI PCs

August 02, 2024 6:26 pm

AMD's John Anguiano believes that the AI PC represents the future of the industry, changing how we think about and interact with computers.

At Los Angeles event, chip maker AMD lays out its vision for AI PCs

July 16, 2024 1:32 pm

AMD says its next-generation AI processors may help it gain a lead over the competition.

Will go after other targets if no peace, says Trump as US strikes 3 nuclear sites in Iran

IndiaSeptember 25, 2025

President Donald Trump said that the United States military had struck three nuclear-related facilities in Iran, marking a dramatic escalation in the ongoing conflict and a direct American role in efforts to dismantle Tehran’s infrastructure. The strikes represent the most significant direct US military action against Iranian territory in years and come amid rising regional tensions.

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