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Advanced Micro Devices

A semiconductor company

Summary

Advanced Micro Devices (AMD) is a semiconductor company that designs and develops graphics, processors, and media solutions for both commercial and consumer markets. The company’s products portfolio includes desktop graphics, laptop graphics, professional graphics, desktop processors, laptop and tablet processors, server processors, embedded processors, chipsets, and solid state drives (SSD).

History

AMD was founded in 1969 by Walter Jeremiah (Jerry) Sanders, a former executive at Fairchild Semiconductor Corporation, and seven others. The company released its first product in 1970 and went public two years later. In the mid-1970s the company began producing computer chips. Starting out as a second-source manufacturer of computer chips, the company placed a great emphasis on quality and grew steadily. In 1982 the company began supplying second-source chips for the Intel Corporation, which made the microprocessor used in IBM personal computers (PCs). The agreement with Intel ended in 1986. In 1991 AMD released the Am386 microprocessor family, a reverse-engineered chip that was compatible with Intel’s next-generation 32-bit 386 microprocessor. There ensued a long legal battle that was finally decided in a 1994 U.S. Supreme Court ruling in AMD’s favour. In 2008 AMD announced plans to split the company in two—with one part designing microprocessors and the other manufacturing them. This announcement followed news that the Advanced Technology Investment Company and the Mubadala Development Company, both based in Abu Dhabi, would acquire a controlling interest in AMD, pending approval by shareholders and the U.S. and German governments. In 2009, following a series of complaints lodged by AMD, the European Commission fined rival Intel a record €1.06 billion (£948 million; $1.45 billion) for engaging in anticompetitive practices that violated the European Union’s antitrust laws. These practices allegedly involved financially compensating and providing rebates to manufacturers and retailers who favoured its computer chips over those of AMD, as well as paying manufacturers to cancel or postpone the launching of products utilizing AMD’s chips. In 2014 the company was restructured into two parts: computing and graphics, which made processors for personal computers, and enterprise, embedded, and semi-custom, which made more-specialized processors.

Vision

Vision Statement: “AMD today develops high-performance computing and visualization products to solve some of the world’s toughest and most interesting challenges. There has never been a better time to be in the semiconductor industry, and we are ready to tackle the next 50 years with high-performance computing and graphics solutions that transform all of our lives”.

Mission

Mission Statement:
To accelerate developer adoption.

 

References

https://en.wikipedia.org/wiki/Advanced_Micro_Devices

https://en.wikipedia.org/wiki/Jerry_Sanders_(businessman)

https://www.amd.com/en/corporate/about-amd

https://www.investopedia.com/advanced-micro-devices-amd-breaks-out-to-all-time-high-5076386

https://www.crunchbase.com/organization/amd

https://www.britannica.com/topic/Advanced-Micro-Devices-Inc