We mined AMD's acquisitions, investments, and partnerships to discern the company's strategic priorities.
A decade ago, AMD‘s prospects looked bleak. While it had gotten out of the manufacturing business by spinning off GlobalFoundries in 2009, the chip designer still faced heavy losses and was on the verge of bankruptcy.
But fortunes began to improve dramatically in 2014 with the arrival of CEO Lisa Su, who has helped channel the company’s efforts toward high-growth areas like AI. Its stock price has since climbed 25x.
The company has 2 long-time rivals when it comes to designing the most advanced chips — Intel in CPUs and NVIDIA in GPUs — though it has much less market share in both categories. Having recently surpassed Intel in market cap, the company has set its sights on challenging NVIDIA’s dominance in AI, while also continuing to solidify its position in the competitive data center market as it diversifies away from gaming.
Using CB Insights data, we uncovered the 6 most important strategic priorities highlighted by AMD’s recent acquisitions, investments, and partnerships. We then categorized companies by their business relationships with AMD across these areas:
- AI & ML
- Cloud computing & data centers
- High-performance computing
- Industrial tech