Advanced Micro Devices (AMD) is a multinational semiconductor company that designs and supplies computing, graphics, and visualization technologies for a broad range of markets. Founded on May 1, 1969, by Jerry Sanders and seven colleagues, AMD initially produced logic chips before entering the microprocessor market in 1975, becoming a rival to Intel. The company is headquartered in Santa Clara, California, with significant operations in Austin, Texas.
AMD's current Chair and Chief Executive Officer is Dr. Lisa Su. The company's products include central processing units (CPUs), graphics processing units (GPUs), field-programmable gate arrays (FPGAs), and system-on-chips (SoCs). These products are used in PCs, gaming consoles, data centers, and embedded systems. AMD has a history of innovation, including the Athlon processor in 1999 and key acquisitions like ATI Technologies and Xilinx. Recent news includes the appointment of Ariel Kelman as Chief Marketing Officer. AMD's market capitalization is approximately $352.11 billion as of February 2026, making it a major player in the semiconductor industry. In early February 2026, AMD reported its fourth quarter and full year 2025 financial results, which included a record revenue of $34.6 billion for the year.