
Advanced Micro Devices
Founded Year
1969Stage
PIPE | IPOMarket Cap
196.11BStock Price
121.39About Advanced Micro Devices
Advanced Micro Devices (AMD) (NASDAQ: AMD) is a multinational semiconductor company. It offers a range of products such as central processing units (CPUs), graphics processing units (GPUs), field-programmable gate arrays (FPGAs), and more. It serves industries such as education, healthcare, media, and more. The company was founded in 1969 and is based in Santa Clara, California.
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Research containing Advanced Micro Devices
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Advanced Micro Devices in 5 CB Insights research briefs, most recently on Sep 19, 2023.

Expert Collections containing Advanced Micro Devices
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Advanced Micro Devices is included in 3 Expert Collections, including Fortune 500 Investor list.
Fortune 500 Investor list
590 items
This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.
Conference Exhibitors
6,062 items
Companies that will be exhibiting at CES 2018
Semiconductors, Chips, and Advanced Electronics
6,553 items
Companies in the semiconductors & HPC space, including integrated device manufacturers (IDMs), fabless firms, semiconductor production equipment manufacturers, electronic design automation (EDA), advanced semiconductor material companies, and more
Advanced Micro Devices Patents
Advanced Micro Devices has filed 3871 patents.
The 3 most popular patent topics include:
- computer memory
- parallel computing
- instruction processing

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
5/18/2017 | 11/28/2023 | Face recognition, Facial hair, Machine learning, Surveillance, Biometrics | Grant |
Application Date | 5/18/2017 |
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Grant Date | 11/28/2023 |
Title | |
Related Topics | Face recognition, Facial hair, Machine learning, Surveillance, Biometrics |
Status | Grant |
Latest Advanced Micro Devices News
Dec 4, 2023
AMD Exec Forrest Norrod Expects AI Revenue To Exceed $2B In 2024 Thanks To MI300 Zinger Key Points AMD aims to surpass $2 billion in revenue with its MI300, positioning itself as a formidable competitor in the AI space. Forrest Norrod emphasizes AMD's strategic advantages over Nvidia and AMD's openness to a potential partnership with Intel. Loading... Loading... Advanced Micro Devices Inc‘s AMD Data Center Group recently shared insights at the UBS Annual Technology Conference . According to the company’s EVP and GM, Forrest Norrod, the upcoming “Advancing AI” event on Dec. 6 will focus on the MI300. The bet is that MI300 will position AMD as a credible alternative for generative AI and large-scale AI systems . AMD’s MI300: Norrod outlined the strategic approach, emphasizing the MI300’s variants set to launch formally at the upcoming event. This move signifies a significant milestone in AMD’s journey. With MI300, AMD seeks to establish itself as a robust contender in the AI space. On the AI front, Norrod expects extraordinary interest levels over the next 24 to 36 months, with sequential growth anticipated in each quarter. He reiterated that AMD’s MI300 revenue should exceed $2 billion in the next year. Market Share & Competition: In North America hyperscalers, AMD’s aggregate share is well above 50%. In the enterprise sector, AMD is in the mid-teens and is focusing on increasing its share further, particularly with partners like Hewlett Packard Enterprise Co HPE, Dell Technologies Inc DELL, Lenovo Group Ltd LNVGF LNVGY, and Supermicro. Comparing AMD with principal competitor NVIDIA Corp NVDA, Norrod expressed confidence in being substantially ahead in chiplet technology with their MI300. He also discussed plans for the Chinese market, emphasizing compliance with U.S. export regulations. China will embrace generative AI, Norrod predicts. The “promise of the capabilities of generative AI are so large and China is such a large market,” he adds. Addressing concerns about the cannibalization of general compute TAM by AI, Norrod did acknowledge short-term challenges. However, he also stressed on the long-term additive nature of AI capabilities to existing workloads. AMD’s Business, Partnerships and Operating Margins: Nod.ai and Mipsology are “great additions” on the software front for AMD, acknowledged Norrod. The central thrust of AMD’s software efforts currently revolves around partnerships with hyperscalers, open-source initiatives, and minimizing friction for AMD adoption. AMD’s existing foundry partnership with Taiwan Semiconductor Manufacturing Co Ltd TSM is strong with the company being so capable. Regarding foundry partnerships, Norrod praised TSMC but left the door open for Intel Corp INTC. They would listen if Intel catches up, he adds. AMD has an ambition for a 30% plus operating margin over time. AMD’s heavy investment cycle is part of the company’s anticipated growth in AI and other sectors, Norrod says.
Advanced Micro Devices Frequently Asked Questions (FAQ)
When was Advanced Micro Devices founded?
Advanced Micro Devices was founded in 1969.
Where is Advanced Micro Devices's headquarters?
Advanced Micro Devices's headquarters is located at 2485 Augustine Drive, Santa Clara.
What is Advanced Micro Devices's latest funding round?
Advanced Micro Devices's latest funding round is PIPE.
Who are the investors of Advanced Micro Devices?
Investors of Advanced Micro Devices include Mubadala Investment Company and Sprout Group.
Who are Advanced Micro Devices's competitors?
Competitors of Advanced Micro Devices include MangoBoost, TytoCare, Analog Inference, SiPearl, Biren Technology and 7 more.
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