Advanced Micro Devices (AMD) is a multinational semiconductor company that designs and develops CPUs, GPUs, FPGAs, SoCs, and high-performance computer components. Headquartered in Santa Clara, California, AMD serves diverse markets including PCs, gaming, data centers, and embedded systems. The company plays a significant role in the computing industry, providing processing and graphics solutions for both consumers and businesses.
On May 1, 1969, Advanced Micro Devices was formally incorporated by Jerry Sanders and seven colleagues from Fairchild Semiconductor.
In September 1969, AMD moved to its new headquarters in Sunnyvale, California, which included a wafer production facility. The company initially became a second source supplier of microchips designed by Fairchild.
In November 1969, AMD manufactured its first product, the Am9300, a 4-bit MSI shift register.
In 1969, AMD was founded by Jerry Sanders and other technology professionals. The company initially focused on memory chips and computer components.
In 1970, AMD produced its first proprietary product, the Am2501 logic counter, which was highly successful.
In 1971 Intel created the first microprocessor, the 4-bit 4004.
In 1971, AMD entered the RAM chip market with the Am3101, a 64-bit bipolar RAM. Also that year, sales volume of linear integrated circuits greatly increased, reaching US$4.6 million by year-end.
In 1971, the Am2505 became AMD's best-selling product; it was the fastest multiplier available at the time.
In September 1972, AMD went public.
By 1973, AMD was a second source for Intel MOS/LSI circuits, including products like Am14/1506 and Am14/1507, dual 100-bit dynamic shift registers.
By 1975, AMD was producing 212 products, including 49 proprietary products like the Am9102 and three low-power Schottky MSI circuits.
In 1975, AMD entered the microprocessor market and began competing with Intel.
In October 1976, AMD entered into a cross-licensing agreement with Intel, granting AMD a copyright license to the microcode in its microprocessors and peripherals.
In 1976, AMD and Intel signed a cross-licensing agreement which was extended through 1995 by the 1982 agreement.
In 1977, AMD entered into a joint venture with Siemens, leading to the establishment of Advanced Micro Computers (AMC).
In fiscal year 1978, AMD's total sales topped $100 million.
Intel had introduced the first x86 microprocessors in 1978.
In 1979, AMD bought out Siemens' stake in the American division of Advanced Micro Computers (AMC).
In 1979, AMD debuted on the New York Stock Exchange and began production at its new semiconductor fabrication plant in Austin, Texas.
In 1980, AMD began supplying semiconductor products for telecommunications.
In October 1981, Intel and AMD signed a 10-year technology exchange agreement.
In 1981, AMD began construction on a fabrication plant in San Antonio.
In late 1981, AMD closed Advanced Micro Computers after switching focus to manufacturing second-source Intel x86 microprocessors.
In February 1982, AMD signed a contract with Intel to become a licensed second-source manufacturer of the Intel 8086 and Intel 8088 processors due to IBM's policy of requiring multiple sources for its chips.
In February 1982, the technology exchange agreement between Intel and AMD was formally executed, enabling AMD to become a second-source manufacturer of Intel's x86 microprocessors.
Beginning in 1982, AMD began volume-producing second-source Intel-licensed 8086, 8088, 80186, and 80188 processors.
In 1984, AMD created the world's first 512K EPROM. AMD was also listed in "The 100 Best Companies to Work for in America".
In 1984, AMD released its own Am286 clone of Intel's 80286 processor, for the rapidly growing market of IBM PCs and IBM clones.
In 1984, Intel internally decided to no longer cooperate with AMD in supplying product information in order to reinforce its market advantage, and delayed and eventually refused to convey the technical details of the Intel 80386 processor.
By mid-1985, the microchip market experienced a severe downturn due to aggressive trade practices from Japan and a crowded chip market in the United States.
In 1985 Intel released its own x386 processor, after which AMD was forced to develop clean room designed versions of Intel code for its x386 processors.
In 1985, AMD made the Fortune 500 list for the first time.
Beginning in 1986, AMD released their own AMD Am29000 (29k) processor, and increased its EPROM memory market share.
In 1986, AMD devised the Liberty Chip program, designing and manufacturing one new chip or chipset per week for 52 weeks. AMD also withdrew from the DRAM market.
In 1987, AMD invoked arbitration over Intel's refusal to provide technical details for the Intel 80386, leading Intel to cancel the 1982 technology-exchange agreement.
In 1990, Intel countersued AMD, leading to renegotiations regarding AMD's rights to use derivatives of Intel's microcode for its cloned processors.
In March 1991, AMD released the Am386, which was its clone of the Intel 386 processor. AMD sold one million units of the Am386 by October of the same year.
In 1991, AMD introduced its 386-compatible Am386, an AMD-designed chip, and began competing directly with Intel.
After three years of testimony, AMD won the arbitration case against Intel in 1992 regarding the sharing of technical details, but Intel disputed the decision.
In 1993, AMD introduced its first Am486 family of processors, which became popular among OEMs, leading to an exclusive agreement with Compaq.
Since 1993 AMD had been co-manufacturing flash memory with Fujitsu.
In 1994, the Supreme Court of California sided with the arbitrator and AMD, concluding a long legal dispute with Intel over technology-exchange agreements.
In November 1995, AMD released the Am5x86 processor, based on the Am486, which continued AMD's success by providing a fast and cost-effective processor.
In 1995 the AMD-Intel cross-licensing agreement ended.
In January 1996, AMD acquired NexGen for $857 million to develop what eventually became AMD K6.
In 1996, AMD acquired NexGen to obtain rights to their Nx series of x86-compatible processors and provided the NexGen design team with resources to rework the Nx686.
In an agreement effective in 1996, AMD acquired the rights to use the microcode in Intel's x386 and x486 processor families, although not for subsequent generations.
In 1997, AMD introduced the K6 processor, which was based on the reworked Nx686 design from NexGen. Variants like the K6-III/450 were faster than Intel's Pentium II processors.
On June 23, 1999, AMD launched the K7 seventh-generation x86 processor under the brand name Athlon. It used a Slot A connector instead of being compatible with Intel's motherboards.
AMD completed its dual-core product portfolio for each market segment in 2000.
On October 9, 2001, AMD released the Athlon XP processor, enhancing its desktop processor lineup.
In 2002, AMD began its sponsorship in Formula 1 racing, marking the start of a long-term involvement in motorsports.
On February 10, 2003, AMD released the Athlon XP with 512 KB L2 Cache, enhancing its desktop processor lineup.
On April 22, 2003, AMD launched the Opteron server-oriented processor, based on the K8 architecture and featuring 64-bit extension (x86-64), on-chip memory controller, and HyperTransport interconnect.
In 2003, AMD spun off its flash memory business and manufacturing into Spansion, a joint venture with Fujitsu.
On April 21, 2005, AMD released the first dual-core Opteron processor, an x86-based server CPU.
In December 2005, AMD divested itself of Spansion to focus on the microprocessor market.
On July 24, 2006, AMD announced its acquisition of the Canadian 3D graphics card company ATI Technologies.
On October 25, 2006, AMD completed the acquisition of ATI Technologies.
Following AMD's acquisition of ATI Technologies in 2006, the Fusion initiative was announced, aiming to integrate a CPU and GPU onto a single die and was later renamed to the AMD APU (Accelerated Processing Unit).
In May 2007, AMD dropped the string "64" from its dual-core desktop processor branding, becoming Athlon X2, shifting focus to value dual-core systems.
In September 2007, AMD launched the first server Opteron K10 processors, followed by the Phenom processor for desktop, featuring dual-core, triple-core, and quad-core versions on a single die.
In July 2008, AMD's CEO Hector Ruiz stepped down, while remaining executive chairman, in preparation for becoming chairman of GlobalFoundries.
In October 2008, AMD announced plans to spin off manufacturing operations in the form of GlobalFoundries Inc.
In 2008, AMD began releasing dual-core Sempron processors exclusively in China, branded as the Sempron 2000 series, with reduced HyperTransport speed and smaller L2 cache, to target specific market segments.
In January 2009, AMD released the Phenom II processor line, a refresh of the original Phenom built using the 45 nm process, featuring dual-core, triple-core and quad-core variants.
In March 2009, Hector Ruiz became chairman of GlobalFoundries.
In 2009, AMD outsourced its manufacturing operations after GlobalFoundries was spun off.
In April 2010, AMD released the Phenom II Hexa-core (6-core) processor, codenamed "Thuban", which incorporated "turbo core" technology to automatically switch between 6 cores and 3 faster cores.
On August 30, 2010, AMD announced that it would retire the ATI brand name for its graphics chipsets in favor of the AMD brand name.
In 2010, AMD released the Magny Cours server processors, featuring 8 to 12 cores focused on performance, and the Lisbon processors, with 4 to 6 cores focused on high performance per watt.
In August 2011, AMD announced that former Lenovo executive Rory Read would be joining the company as CEO, replacing Meyer.
In November 2011, AMD announced plans to lay off more than 10% (1,400) of its employees.
In October 2012, AMD announced plans to lay off an additional 15% of its workforce to reduce costs.
In early 2012, AMD acquired the low-power server manufacturer SeaMicro.
Effective July 1, 2014, AMD reorganized its operations into two distinct business groups: Computing and Graphics (focused on desktop, notebook processors, chipsets, and GPUs), and Enterprise, Embedded, and Semi-Custom (focused on server, embedded processors, and semi-custom SoCs).
On October 8, 2014, AMD announced that Rory Read had stepped down and was succeeded by Lisa Su as president and chief executive officer.
On October 16, 2014, AMD announced a new restructuring plan alongside its Q3 results, which involved reorganizing into two business groups (Computing and Graphics, and Enterprise, Embedded, and Semi-Custom) and laying off 7% of its global workforce by the end of the year.
In August 2016, AMD ended its 47-year presence in Sunnyvale and leased a new headquarters building in Santa Clara, facing Intel's headquarters. AMD also agreed to sell 1 AMD Place to the Irvine Company around the same time.
In April 2018, AMD began a multi-year sponsorship with Scuderia Ferrari, further solidifying its presence in Formula 1 racing.
In 2018, AMD began shifting the production of their CPUs and GPUs to TSMC after GlobalFoundries announced they were halting the development of their 7 nm process. This marked a significant change in AMD's manufacturing strategy.
In April 2019, the Sunnyvale City Council approved the Irvine Company's plans to demolish 1 AMD Place, AMD's former headquarters, to redevelop the 32-acre site into townhomes and apartments.
In 2019, AMD revised their wafer purchase agreement with GlobalFoundries. This revision allowed AMD to freely choose foundries for 7 nm nodes and below, while still maintaining purchase agreements for 12 nm and above through 2021.
In February 2020, the Mercedes Formula 1 team announced that AMD was joining its sponsorship portfolio, just before the start of the 2020 race season.
In October 2020, AMD announced its plan to acquire Xilinx, a leader in FPGAs and CPLDs, in an all-stock transaction valued at an estimated $50 billion.
In 2021, AMD's purchase agreements for 12 nm and above with GlobalFoundries ended, as per the revised agreement made in 2019. This allowed AMD full flexibility in choosing foundries for all their production needs.
In February 2022, AMD completed its acquisition of Xilinx in an all-stock transaction, estimated at $50 billion, expanding AMD's capabilities in FPGAs and CPLDs.
In 2022, AMD acquired Xilinx and started offering field-programmable gate array (FPGA) products.
In 2022, AMD began a sponsorship deal with Victory Five (V5) for the League of Legends Pro League (LPL), marking their entry into eSports sponsorship.
In 2022, AMD's market capitalization surpassed that of Intel for the first time.
In January 2024, AMD announced it would discontinue the production of all complex programmable logic devices (CPLDs) acquired through Xilinx.
In February 2024, AMD was a Diamond sponsor for the World Artificial Intelligence Cannes Festival (WAICF), demonstrating their commitment to AI technology.
In March 2024, a semiconductor stock market rally pushed AMD's valuation above $300 billion for the first time, marking a significant financial milestone.
In June 2024, AMD was a Platinum sponsor for the HPE Discover 2024 event, hosted by Hewlett Packard Enterprise in Las Vegas from June 17 to 20. The event showcased technology for government and business customers.
In August 2024, AMD signed an agreement to acquire ZT Systems for $4.9 billion. ZT Systems creates custom computing infrastructure used for AI tasks.
Since early 2024, AMD has made significant gains in the server CPU market, reducing the gap with Intel. Initial reports of a 50:50 market split drew on incorrect data and were later revised.
In June 2025, AMD announced that it was developing a new AI server which will utilize the MI400 series of chips. The server is slated to be released in 2026 and will be named "Helios".
As of July 2025, AMD had reached 36.5% of the server CPU market share, showing significant gains while Intel maintained the lead with 63.3%.
In October 2025, AMD announced it had agreed a deal with OpenAI to sell six gigawatts of its AI processors over the next five years. As part of the deal, OpenAI has the option to acquire a 10 per cent stake in AMD.
In June 2025, AMD announced that it was developing a new AI server which will utilize the MI400 series of chips. The server is slated to be released in 2026 and will be named "Helios".
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