ADVANCED MICRO DEVICES INC

Overview

Founded in 1969, Advanced Micro Devices, Inc. (AMD) has grown from a Silicon Valley start-up focused on semiconductor products into a global company centered on AI and high-performance computing.[1] AMD describes itself as the high performance and adaptive computing leader, and its core business is designing computing and graphics technologies used across data centers, cloud infrastructure, PCs, gaming platforms and embedded systems.[2] Its portfolio includes AI accelerators, CPUs, GPUs, APUs, DPUs, SmartNICs, FPGAs, adaptive SoCs and semi-custom SoCs, which are sold into markets such as enterprise and cloud computing, consumer PCs, game consoles, automotive, industrial, healthcare, storage and networking.[2]

AMD organizes the business around four main segments: Data Center, Client, Gaming and Embedded.[3]+3 The company sells through a direct sales force as well as independent distributors and sales representatives in domestic and international markets, with external customer sales spanning the United States, China including Hong Kong, Singapore, Taiwan, Japan, Europe and other regions.[7]+2 For fiscal 2024, AMD reported net revenue of $25.8 billion and said it had approximately 28,000 employees worldwide as of December 28, 2024.[10][11] [1]+10

Products & services

AMD’s product portfolio spans server and client CPUs/APUs, discrete and professional GPUs, AI accelerators, DPUs and SmartNICs, FPGAs, Adaptive SoCs, semi-custom SoCs, and related software and development services. In data center, AMD EPYC processors are x86 server CPUs aimed at enterprise IT, high-performance computing, supercomputing and large cloud data centers, while AMD Instinct MI200, MI300 and MI325 accelerators are CDNA-based products designed for AI training, AI inference and exascale-class scientific computing. The data-center lineup also includes Pensando DPUs that offload infrastructure services from host CPUs, Radeon PRO V visual-cloud GPUs for Desktop-as-a-Service, Workstation-as-a-Service and cloud gaming, and a programmable portfolio including Virtex, Kintex, Artix and Spartan FPGAs, Zynq and Versal Adaptive SoCs, and Alveo accelerator cards.[2]+5

For PCs and workstations, AMD sells Ryzen desktop and mobile processors, Ryzen Threadripper and Ryzen Threadripper PRO workstation CPUs, and Radeon graphics products. The Ryzen 9000 desktop series uses Zen 5 cores, some X3D models add second-generation 3D V-Cache, and Ryzen G-Series processors integrate graphics; Ryzen AI 300 Series and Ryzen 8000 Series mobile processors include an NPU for AI PC workloads. Radeon RX 7000 graphics are based on RDNA 3 and support DirectX 12 Ultimate, Vulkan and high-refresh-rate displays, while Radeon PRO products are optimized for workstation applications such as CAD, 3D rendering, design and manufacturing, and media and animation workflows.[17]+4

AMD also provides semi-custom SoCs and development services; its semi-custom chips are used in Sony PlayStation 5, Microsoft Xbox Series S/X and Valve Steam Deck systems. In embedded markets, AMD offers EPYC Embedded CPUs, Ryzen Embedded V-Series and R-Series CPUs/APUs, Radeon Embedded GPUs, Kria system-on-modules and development kits, with designs oriented toward low power, small form factors, 24x7 operation, high-bandwidth networking, storage, 3D graphics and 4K multimedia. Supporting software and services include the ROCm open software stack for AI training and inference, Vitis and Vivado tools for adaptive computing, application-engineering support, and non-recurring engineering design services. As a product-mix reference, in 2024 Data Center represented 48.8% of net revenue, Client 27.4%, Embedded 13.8%, and Gaming 10.1%.[22]+7 [2]+18

Geographic presence

AMD’s principal executive offices are in Santa Clara, California. The company states that product and system R&D is conducted in the United States, with additional design and development engineering teams located in various countries under the direction of its U.S. headquarters. AMD also says wafers are sorted by the foundry or delivered to assembly, test, mark and packaging partners and subcontractors in the Asia-Pacific region, indicating an operating footprint centered on the U.S. for core R&D and on Asia-Pacific for parts of manufacturing support and back-end operations [29]+3.

Revenue is globally distributed but concentrated in a small number of markets based on customer billing location. In fiscal 2024, 33.7% of sales came from the United States ($8.693 billion), 24.2% from China including Hong Kong ($6.231 billion), 14.0% from Singapore ($3.614 billion), 12.8% from Taiwan ($3.301 billion), 6.9% from Japan ($1.767 billion), 6.3% from Europe ($1.625 billion), and 2.1% from other regions ($0.554 billion) [8][9].

AMD’s physical asset base is more U.S.-weighted than its revenue mix. Net property and equipment totaled $1.802 billion at the end of fiscal 2024, with $1.312 billion located in the United States, followed by Singapore ($140 million), Canada ($104 million), India ($100 million), Ireland ($46 million), China including Hong Kong ($38 million), and other countries ($62 million). AMD also reported an approximately 28,000-person global workforce, but did not provide a geographic employee breakdown in the cited disclosures [33]+2. [29]+8

Business segments

AMD officially reports four reportable segments: Data Center, Client, Gaming, and Embedded. Data Center includes AI accelerators, server CPUs, GPUs, APUs, DPUs, FPGAs, SmartNICs, and Adaptive SoC products for data-center workloads; Client includes CPUs, APUs, and chipsets for desktops and notebooks; Gaming includes discrete GPUs plus semi-custom SoC products and development services; and Embedded includes embedded CPUs, GPUs, APUs, FPGAs, system-on-modules, and Adaptive SoC products. AMD also discloses an "All Other" category, but it is not a reportable segment.[3]+4

AMD’s broader product-market discussion uses the same four-way structure: Data Center is oriented toward compute, visual data processing, and AI workload acceleration; Client toward PC processors and chipsets; Gaming toward PCs, game consoles, and cloud gaming; and Embedded toward markets such as automotive, industrial, healthcare, storage, and networking. Based on fiscal 2024 segment net revenue, Data Center was the largest segment at about 49% of revenue ($12.6 billion), followed by Client at about 27% ($7.1 billion), Embedded at about 14% ($3.6 billion), and Gaming at about 10% ($2.6 billion), based on total net revenue of $25.8 billion.[37]+2 [3]+7

Company history

Advanced Micro Devices was incorporated in Delaware on May 1, 1969, and became a public company in 1972; AMD’s own historical materials say it was founded by Jerry Sanders and seven other co-founders.[38][39]

A major expansion came in 2006, when AMD completed its acquisition of ATI Technologies, adding graphics capabilities to the company’s portfolio.[40] AMD then reshaped its manufacturing model in 2009 by separating its fabrication operations into The Foundry Company, later GlobalFoundries; AMD’s filings note the deconsolidation of GlobalFoundries at the end of 2009, and GlobalFoundries describes itself as having begun as a spinoff of AMD’s in-house manufacturing operations.[41][42]

Another turning point came in 2014, when AMD appointed Lisa Su as President and Chief Executive Officer.[43] In 2017, AMD launched its first-generation Ryzen desktop CPUs and the EPYC 7000 Series datacenter processors, marking an important product comeback in PCs and servers.[44][45] AMD later expanded through the acquisition of Xilinx, completed in February 2022, and that same month Lisa Su was named Chair of the Board.[46][47] [38]+9

Sources

• ADVANCED MICRO DEVICES INC — Full financial report (2025 Y)[1]
• ADVANCED MICRO DEVICES INC — Full financial report (2024 Y)
  36 citations

  [2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19][20][21][22][23][24][25][26][27][28][29][30][31][32][33][34][35][36][37]
• ADVANCED MICRO DEVICES INC — Full financial report (2020 Y)[38]
• www.amd.com[39]
• www.amd.com[40]
• ADVANCED MICRO DEVICES INC — Full financial report (2010 Y)[41]
• globalfoundries.com[42]
• ir.amd.com[43]
• ADVANCED MICRO DEVICES INC — Full financial report (2017 Y)[44][45]
• www.amd.com[46]
• www.amd.com[47]