Advanced Micro Devices, Inc. (AMD) is a global semiconductor company.
AMD’s products include Artificial Intelligence (AI) Accelerators, x86 microprocessors (CPUs) and graphics processing units (GPUs), as standalone devices or as incorporated into accelerated processing units (APUs), chipsets, data center and professional GPUs, embedded processors, semi-custom System-on-Chip (SoC) products, microprocessor and SoC development services and technology, data processing units (DPUs), Field Programmab...
Advanced Micro Devices, Inc. (AMD) is a global semiconductor company.
AMD’s products include Artificial Intelligence (AI) Accelerators, x86 microprocessors (CPUs) and graphics processing units (GPUs), as standalone devices or as incorporated into accelerated processing units (APUs), chipsets, data center and professional GPUs, embedded processors, semi-custom System-on-Chip (SoC) products, microprocessor and SoC development services and technology, data processing units (DPUs), Field Programmable Gate Arrays (FPGAs), System on Modules (SOMs), Smart Network Interface Cards (SmartNICs), and Adaptive SoC products. From time to time, the company may also sell or license portions of its intellectual property (IP) portfolio.
AMD is the high performance and adaptive computing leader, powering the products and services that help solve the world’s most important challenges. The company’s technologies advance the future of data centers, powering the cloud services that have become an essential part of how the company works, games, and connects to network, PCs, edge computing, and artificial intelligence (AI). The company drives innovation through high-performance and adaptive computing technology, software and product leadership.
With the company’s high-performance product portfolios, the company delivers differentiated solutions, such as the company’s semi-custom System-on-Chip (SoCs), Adaptive SoCs, and accelerated processing units (APUs), and platform level client computing devices, embedded platforms and servers for the company’s customers. The company offers a deep portfolio of data center computing solutions including AI accelerators, microprocessors (CPUs), graphic processing units (GPUs), data processing units (DPUs), Smart Network Interface Cards (SmartNICs), and field programmable gate arrays (FPGAs), to meet the vast computing performance requirements of today’s data centers, supercomputers, AI and Machine Learning (ML) data center environments and cloud environments. The company drives innovation with its line-up of CPUs, APUs and chipsets for desktops and notebooks, to bring performance, efficiency, AI capabilities and modern security features to gamers, creators, consumers and enterprises. AMD was the first company to integrate a dedicated neural processing unit (NPU) on the same SoC as an x86 CPU for AI PCs. The company’s GPUs, including discrete GPUs, semi-custom SoC products and development services, work together with software to power immersive gaming experiences for PCs, game consoles and cloud gaming services. The company is a leader in embedded computing, where the company delivers high-performance and scalability across a full portfolio of CPUs, APUs, FPGAs, system on modules (SOMs) and Adaptive SoCs that are used in a variety of markets, including automotive, industrial, healthcare, storage and networking. The company also incorporates dedicated AI processing capabilities into its embedded portfolio.
The company develops software stacks that are used to enable its high-performance products. The company’s software stacks include development tools, compilers, and drivers for its CPUs, APUs, GPUs and FPGAs. The company works with its customers to define and develop customized solutions to precisely match their requirements. The company enables this by combining its broad portfolio of high-performance IP with the company’s leadership design and packaging to deliver world-class customized solutions to the company’s customers. The company invests in technology and solutions, such as its custom-ready chiplet platform and AMD Infinity Architecture to maintain the company’s leadership position as a custom-design silicon provider of choice.
The company markets and sells its products directly to OEMs and through authorized third-party distributors. From time to time, the company’s products are diverted from its authorized distribution channels and are sold on the ‘gray market.’
The company markets and sells its products directly and through third-party distributors and AIB partners pursuant to agreements that can generally be terminated for convenience by either party upon prior notice. These agreements are non-exclusive and permit both the company’s distributors and AIB partners to offer the company’s competitors’ products. The company is dependent on its distributors and AIB partners to supplement the company’s direct marketing and sales efforts.
The company maintains operations around the world, including in the United States, Canada, Europe, Australia, Latin America and Asia. The company relies on third-party wafer foundries in the United States, Europe and Asia. Nearly all product assembly and final testing of the company’s products is performed at third-party operated manufacturing facilities, in China, Malaysia and Taiwan. The company’s shipping services are provided by third-party subcontractors. The company also has international sales operations. International sales, as a percent of net revenue, were 66% for the year ended December 28, 2024.
Strategy
AMD has the compute engines, intellectual property, software capabilities and expertise to be a leader in this next computing era with a broad, portfolio of high-performance compute engines spanning across supercomputing, cloud, edge, embedded and end devices. The company has a unique opportunity to make AMD the end-to-end AI leader based on the breadth of the company’s technology and product portfolios.
The company’s AI strategy is focused on three priorities. The first is delivering a broad portfolio of high-performance adaptive hardware and software solutions. The second is expanding the deep and collaborative partnerships the company has established across the ecosystem to accelerate deployments of AMD based AI solutions at scale. And the third is providing compelling user experiences to extend the open and proven software platform the company has established that enables the company’s AI hardware to be deployed more broadly and easily.
One of the company’s priorities in 2024 was to accelerate growth in its Data Center segment. The demand for the company’s data center AI accelerator products was very strong as large hyperscaler customers, OEMs and ODMs deployed the company’s AMD Instinct MI300X GPUs. During the year, the company accelerated its AMD AI accelerator roadmap to deliver an annual cadence of leadership AMD Instinct solutions. The company announced its 5th Gen AMD EPYC family of server processors, providing leadership performance and capabilities for a wide range of data center workloads.
During the year, the company completed the acquisition of Silo AI Oy (Silo AI), an AI lab based in Finland. The acquisition of Silo AI expanded the company’s capability to accelerate development and deployment of AI models on AMD hardware. Silo AI has also developed a software stack used to train multiple state-of-the-art large language models (LLMs) on AMD Instinct accelerators that can accelerate the development of highly-performant AMD training solutions.
The company also focused on building its data center AI rack and data center-scale solutions capabilities by entering into an agreement to acquire ZT Group Int’l, Inc. (ZT Systems), a provider of AI and general purpose compute infrastructure for hyperscale computing companies in August 2024. With the acquisition of ZT Systems, the company can deliver leadership training and inferencing solutions that can accelerate time to deployment for the company’s AMD Instinct platforms. The acquisition is expected to close in the first half of fiscal year 2025, subject to certain regulatory approvals and other customary closing conditions. The company intends to seek a strategic partner to acquire ZT Systems' manufacturing business.
The company continued to invest in driving software capabilities and the open ecosystem to deliver powerful new features and capabilities in the AMD ROCm open software stack, bringing the latest features to highly-performant AI training and inference on AMD platforms. During the year, the company made several key optimizations and additional features in the latest AMD ROCm software that increases performance in key generative AI workloads, adds expanded support and optimization for additional frameworks and libraries, and simplifies the overall developer experience.
Segments
The company’s four reportable segments are:
The Data Center segment, which primarily includes AI accelerators, server CPUs, GPUs, APUs, DPUs, FPGAs, SmartNICs, and Adaptive SoC products for data centers;
The Client segment, which primarily includes CPUs, APUs, and chipsets for desktops and notebooks;
The Gaming segment, which primarily includes discrete GPUs, semi-custom SoC products and development services; and
The Embedded segment, which primarily includes embedded CPUs, GPUs, APUs, FPGAs, SOMs, and Adaptive SoC products.
In addition to these reportable segments, the company has an All Other category, which is not a reportable segment.
Beginning with the company’s fiscal year ending December 27, 2025, the company plans to combine the Client and Gaming segments into one reportable segment to align with how the company manages its business. As a result, the company will have three reportable segments: Data Center, Client and Gaming, and Embedded.
Data Center Segment
Data Center Market
The Data Center segment primarily includes server-class CPUs, GPUs, AI accelerators, DPUs, FPGAs, SmartNICs, and Adaptive SoC products. The company leverages its technology to address the computational, visual data processing and AI workload acceleration needs in the data center market. Modern data centers require high performance, energy efficient, scalable and adaptable compute engines to meet the demand driven by the growing amount of data that needs to be stored, accessed, analyzed and managed. Different combinations of CPUs, GPUs, DPUs, FPGAs, SmartNICs, and Adaptive SoCs enable the optimization of performance and power for a diverse set of workloads.
Data Center Products
Server CPUs. The company’s CPUs for server platforms include the AMD EPYC Series processors. EPYC CPUs, which are based on the x86 architecture, are server-specific processors designed for high-performance computing, enterprise IT, supercomputing, and large data centers. The company recently announced its 5th generation AMD EPYC family of server processors, further expanding the company’s high-performance server CPU portfolio.
Data Center GPUs. The company’s AMD Instinct family of GPU accelerator products, including AMD Instinct MI200, MI300 and MI325 series, are based on AMD CDNA architecture. AMD Instinct accelerators are designed to address the growing demand for AI training and inferencing and exascale-class scientific computing. The company’s visual cloud GPU offerings include products in the Radeon PRO V families. The company’s visual cloud data center GPUs include a range of solutions tailored towards workloads requiring remote visualization, such as Desktop-as-a-Service, Workstation-as-a-Service and Cloud Gaming.
FPGAs and Adaptive SoCs. The company offers a wide range of FPGAs, Adaptive SoCs and acceleration cards for the data center. Devices include the Virtex and Kintex, Artix, and Spartan FPGA products, as well as Zynq, Zynq MPSoC, and Versal Adaptive SoC products. The company’s Alveo accelerator cards provide a platform for accelerating multiple data center workloads at the edge or the cloud.
Networking Products. The company’s Pensando DPUs and comprehensive networking software stack offload data center infrastructure services from the host CPU, are used by large Infrastructure as a Service (IaaS) cloud providers to accelerate workload performance for hosted virtualized and bare-metal offerings.
The AMD Solarflare portfolio offers a comprehensive low latency networking solution that combines hardware adapters with the Onload family of user space networking libraries. AMD Solarflare products are the preferred networking solution for capital markets, enabling customers to develop a wide range of high-performance applications across the entire trading ecosystem.
Client Segment
Client Market
The company’s CPUs and APUs power PCs that have become an integral part of how customers work, learn and play.
Client Products
Desktop CPUs. The company’s CPUs and APUs for desktop platforms include the AMD Ryzen and AMD Ryzen Threadripper processors. The company launched the Ryzen 9000 series processors featuring ‘Zen 5’ cores, along with X3D models featuring 2nd generation AMD 3D V-Cache technology for leadership gaming performance. The company’s 7000-series Ryzen desktop processors also feature models which include the company’s 1st generation AMD 3D V-Cache technology. The company’s latest AMD Ryzen G-Series processors integrate advanced graphics.
Notebook CPUs. The company’s AMD Ryzen mobile processors offer a leadership combination of performance, battery life, and immersive visual experiences for PCs. The company released AMD Ryzen AI 300 Series processors featuring a NPU for next-generation AI PCs featuring the company’s latest ‘Zen 5’ architecture in 2024. The company’s AMD Ryzen 8000 Series mobile processors, built on the ‘Zen 4’ feature the company’s first generation NPU, and AMD Ryzen 6000 and 5000 Series mobile processors, which are powered by both the company’s ‘Zen 2’ and ‘Zen 3+’ core architectures, address mainstream consumer and commercial markets. The company’s AMD Ryzen Z1 Series deliver immersive experiences for handheld gaming systems.
Commercial CPUs. The AMD PRO solutions include mobile laptops, desktops and workstations for large enterprise, mid-market and the small and medium business (SMB) customers. The company’s AMD PRO technology solution offers enterprise-class security features manageability, reliability and extended image stability, for commercial client PCs. The company launched its AMD Ryzen AI PRO 300 series, bringing world-class security and manageability and leadership productivity, battery life, and AI capabilities to business notebooks and mobile workstations. The company’s commitment to high performance leadership continued with the launch of AMD Ryzen PRO 200 Series mobile processors that expand the company’s commercial CPU portfolio to enable PCs spanning a range of price points. The AMD Ryzen PRO 8000G series desktops offer an integrated AI desktop solution for enterprises, and the company’s AMD Ryzen Threadripper PRO CPU enables leadership performance for premium workstations.
Chipsets. The company offers a full suite of chipset products to support the company’s AMD Ryzen and AMD Threadripper platforms, for entry level through professional workstation desktop systems.
Gaming Segment
Graphics Market
Graphics processing is a fundamental component across many of the company’s products. The company’s customers generally use its graphics solutions to enable immersive visualization and to process AI/ML based workloads. The company develops its graphics products for use in various computing devices and entertainment platforms, including data centers, desktop PCs, notebook PCs, handheld devices, All-in-Ones, and professional workstations. In addition, the company leverages its core IP, including graphics and processing technologies, to develop semi-custom solutions deeply co-engineered with the company’s customers which has enabled many of today’s leading gaming consoles and handheld gaming products.
Semi-Custom Products. The company’s semi-custom products are tailored, high-performance, customer-specific solutions based on CPU, GPU and multi-media technologies. The company works with its customers to define solutions to precisely match the requirements of the device or application. AMD semi-custom SoC products power the Sony PlayStation 5, the Microsoft Xbox Series S and X game consoles, as well as the Valve Steam Deck PC. In 2024, Sony launched the PlayStation 5 Pro with additional graphics performance and AI capabilities compared to the original PlayStation 5.
Discrete Desktop and Notebook GPUs. The company’s AMD Radeon discrete GPU processors for desktop and notebook PCs support current generation application programming interfaces (APIs) like DirectX 12 Ultimate and Vulkan, support high-refresh rate displays and include the latest technologies for immersive gaming experiences and high-performance AI/ML computing. The company’s Radeon RX 7000 Series graphics, based on the AMD RDNA 3 architecture, deliver high performance for the latest gaming and creation workloads. All of the company’s graphics products are supported by the AMD Software: Adrenalin Edition application that is regularly enhanced to provide the latest in performance, features, and stability.
Professional GPUs. The company’s AMD Radeon PRO family of professional graphics products are designed for integration in desktop workstations, optimized through hardware and software for demanding use cases, such as 3D rendering, design and manufacturing for Computer-Aided Design (CAD), and media and entertainment for broadcast and animation pipelines on high resolution displays.
Embedded Segment
The Embedded Market
The Embedded segment primarily includes embedded CPUs, GPUs, APUs, FPGAs, and Adaptive SoC products. Embedded products address computing needs in aerospace and defense, automotive, industrial, vision and healthcare, communications infrastructure, test measurement, emulation and prototyping, audio, video and broadcasting, and data center. Typically, the company’s embedded products are used in applications that require varying levels of performance, where key features may include relatively low power, small form factors, and 24x7 operations. High-performance graphics are important in some embedded systems. Support for Linux, Windows and other operating systems, as well as for increasingly sophisticated applications are also critical for some customers. Other requirements may include meeting rigid specifications for industrial temperatures, shock, vibration and reliability. The embedded market has moved from developing proprietary, custom designs to leveraging industry-standard instruction set architectures and processors as a way to help reduce costs and speed time to market.
Embedded Products
Embedded CPUs, APUs and GPUs. The company’s products for embedded platforms include AMD EPYC Embedded CPUs, AMD Ryzen Embedded series processors including V-Series APUs and CPUs and R-Series APUs and CPUs, and Radeon Embedded GPUs. The company’s embedded processors and GPUs are designed to support high performance compute, high-bandwidth network connectivity and security, high-performance storage requirements for enterprise and cloud infrastructure, 3D graphics performance and 4K multimedia requirements of automotive infotainment systems.
FPGAs and Adaptive SoCs. The company’s FPGA products are hardware-customizable devices that can be tailored to meet the specific needs of each customer, enabling them to differentiate their products and accelerate time to market. The company’s FPGA families include AMD UltraScale+, UltraScale 7 Series, and other older series. Adaptive SoC products include the AMD Zynq SoC and Zynq UltraScale+ Multi-Processing System-on-a-Chip (MPSoC), which combine FPGA technology with a heterogeneous processing system, as well as the industry’s first RFSoC architecture with integrated radio frequency (RF) data converters (Zynq UltraScale+ RFSoC). The AMD Versal portfolio, composed of software-programmable Adaptive SoCs, is a heterogeneous compute platform that combines a processing system, programmable logic, AI Engines, and digital signal processing (DSP) Engines to achieve dramatic system-level performance improvements over today's fastest FPGA competitors’ solutions and accelerates applications in a wide variety of markets, including aerospace and defense, automotive, industrial, vision and healthcare, communications infrastructure, test measurement, emulation and prototyping, audio, video and broadcasting, and data center.
Development Boards, Kits and Configuration Products. The company offers development kits for all the company’s FPGA and Adaptive SoCs. These kits include hardware, development tools, IP, and reference designs that streamline and accelerate the development of domain-specific and market-specific applications. The company’s AMD Kria K24 SOM provides high determinism and low latency for powering electric drives and motor controllers used in compute-intensive DSP applications at the edge. Coupled with the company’s Kria KD240 Drives Starter Kit, an out-of-the-box-ready motor control-based development platform, the products offer a seamless path to production deployment.
Legacy Product Families. The company offers prior generation high-end Virtex and low-end Spartan FPGA families as well as the original Virtex and Spartan families. The company’s prior generations of Complex Programmable Logic Devices (CPLD) include the CoolRunner and XC9500 product families. CPLDs are single-chip, nonvolatile solutions characterized by instant-on and universal interconnect and operate on the lowest end of the programmable logic density spectrum.
Design Platforms and Services
Adaptable Platforms. The company offers two types of platforms that support the company’s customers' designs and reduce their development efforts: FPGAs and Adaptive SoCs. FPGAs feature reconfigurable hardware as well as integrated memory, DSP, analog mixed signal, high-speed serial transceivers, and networking cores coupled with advanced software for a broad range of applications in all of the company’s end markets. The company’s Adaptive SoCs feature a heterogeneous processing system with integrated programmable hardware fabric targeting embedded systems that need real-time control, analytics, sensor fusion, and adaptable hardware for differentiation and acceleration. The company’s Zynq UltraScale+ RFSoCs feature integrated high-performance RF data converters targeting wireless, radar, and cable access applications. Enabled by both hardware and software design tools and an extensive operating system, middleware, software stack, and IP ecosystem, Adaptive SoCs target software developers as well as traditional hardware designers. The company’s Versal portfolio combines a processing system, programmable logic, AI Engines, and DSP Engines with leading-edge memory and interfacing technologies to deliver powerful heterogeneous acceleration for any application. This product portfolio is ideally suited to accelerate a broad set of applications in the emerging era of big data and AI.
Software Development Platform. The company’s AMD Vivado Design Suite provides hardware design teams with the tools and methodology needed to program FPGAs and Adaptive SoCs. The company’s Vitis unified software platform enables the development and deployment of embedded software and accelerated applications, on the company’s FPGAs and Adaptive SoCs. The company’s Vitis AI unified software platform enables the development and deployment of AI software on the company’s FPGAs and Adaptive SoCs.
Sales and Marketing
The company sells its products through its direct sales force and through independent distributors and sales representatives in both domestic and international markets.
The company markets and sells its latest products under the AMD trademark.
The company’s product brand for server microprocessors is AMD EPYC processors.
The company’s product brands for data center graphics are AMD Instinct accelerators, and Radeon PRO V-series.
The company’s client product brands for desktop and notebook PCs include: AMD Ryzen, AMD Ryzen AI, AMD Ryzen PRO, AMD Ryzen Threadripper, AMD Ryzen Threadripper PRO, AMD Athlon, and AMD PRO A-Series processors.
The company’s product brand for the consumer graphics market is AMD Radeon graphics, and AMD Embedded Radeon graphics is the company’s product brand for the embedded graphics market.
The company’s product brand for professional graphics products is AMD Radeon PRO graphics.
The company also markets and sells its chipsets under AMD trademarks.
The company’s FPGA products are Virtex-6, Virtex-7, Virtex UltraScale+, Kintex-7, Kintex UltraScale, Kintex UltraScale+, Artix-7, Artix UltraScale+, Spartan-6, and Spartan-7 brands.
The company’s product brands for Adaptive SoCs are Zynq-7000, Zynq UltraScale+ MPSoC, Zynq UltraScale+ RFSoCs, Versal HBM, Versal Premium, Versal Prime, Versal AI Core, Versal AI Edge, Vitis, and Vivado.
The company’s product for System-on-Module (SOM) is Kria brand.
The company also sells low-power versions of the company’s AMD Athlon, as well as AMD Geode, AMD Ryzen, AMD EPYC,
AMD R-Series and G-Series processors as embedded processor solutions.
The company’s compute and network acceleration board products are sold under the Alveo and Pensando brands.
The company markets its products through direct marketing and co-marketing programs. In addition, the company has cooperative advertising and marketing programs with customers and third parties, including market development programs, pursuant to which the company may provide product information, training, marketing materials and funds. Under the company’s co-marketing development programs, eligible customers can use market development funds as reimbursement for advertisements and marketing programs related to the company’s products and third-party systems integrating the company’s products, subject to meeting defined criteria.
Customers
The company’s Data Center Segment customers primarily consist of hyperscale data centers, original equipment manufacturers (OEMs), original design manufacturers (ODMs), system integrators and independent distributors in both domestic and international markets. ODMs provide design and/or manufacturing services to branded and unbranded private label resellers, OEMs and system builders.
The company’s Client Segment customers primarily consist of PC OEMs, a network of independent distributors, and for chipset products, ODMs that manufacture motherboards.
The company’s Gaming Segment customers include PC OEMs and independent distributors, as well as add-in-board manufacturers (AIBs), independent game console and portable gaming devices manufacturers and contract manufacturers for AMD branded graphics cards.
The company’s Embedded Segment products are sold to customers in a very wide range of markets, such as aerospace and defense, automotive, industrial, vision and healthcare, communications infrastructure, test measurement, emulation and prototyping, audio, video and broadcasting, and data center. For these products, the company either sells directly to its customers or through a network of distributors and OEM partners. The company is also developing a network of value added resellers (VARs) and integrated solution vendors (ISVs) for the company’s Alveo products.
The company works with its customers to define product features, performance and timing of new products so that the products the company is developing meet its customers’ needs. The company also employs application engineers to assist its customers in designing, testing and qualifying system designs that incorporate the company’s products. The company’s commitment to customer service and design support improves its customers’ time-to-market and fosters relationships that encourage customers to use the next generation of the company’s products.
The company also works with its customers to create differentiated products that leverage the company’s CPU, GPU, APU, DPU and FPGA technology.
Original Equipment Manufacturers
The company focuses on three types of OEM partners: multi-nationals, selected regional accounts and selected global and local system integrators, who target commercial and consumer end customers of all sizes. Large multi-nationals and regional accounts are the core of the company’s OEM partners’ business; however, the company is increasingly focused on the VAR channel, which resells OEM systems to the mid-market and the small and medium business (SMB) segments. Additionally, the company has increased its focus on global system integrators, which resell OEM systems, coupled with their software and services solutions into Enterprise, high performance computing (HPC) and Cloud Service Provider customers. The company’s OEM customers include numerous foreign and domestic manufacturers of servers and workstations, desktops, notebooks, PC motherboards and game consoles.
Hyperscale Data Centers
Large multi-national public cloud service providers and hyperscale private data centers directly and indirectly purchase a substantial portion of the company’s data center-focused products, including server CPUs, GPU accelerators, DPUs, FPGAs and Adaptive SOCs. These products are incorporated into servers and other data center appliances sold by OEMs to the hyperscale customers or into custom servers or hardware designed by or for these customers and manufactured by ODMs or contract manufacturers. Hyperscale data centers use these products to operate web-based applications or to support public cloud computing and storage service offerings, including but not limited to AI workloads such as generative AI models.
Third-Party Distributors
The company’s authorized channel distributors resell to sub-distributors, OEMs, ODMs, and other customers. Typically, distributors handle a wide variety of products, and may include products from other manufacturers that compete with the company’s products. Distributors typically maintain an inventory of the company’s products.
Add-in-Board (AIB) Manufacturers and System Integrators
The company offers component-level graphics and chipset products to AIB manufacturers who in turn build and sell board-level products using the company’s technology to system integrators (SIs), retailers and sub distributors. In most instances, the company’s agreements with AIBs protect their inventory of the company’s products against price reductions. The company also sells directly to some SI customers. SIs typically sell from positions of regional or product-based strength in the market. They usually operate on short design cycles and can respond quickly with new technologies. SIs often use discrete graphics solutions as a means to differentiate their products and add value to their customers.
Competition
Competition in Data Center Segment
In the Data Center segment, the company competes primarily against Intel Corporation (Intel) and NVIDIA Corporation (NVIDIA) with the company’s CPU, GPU and DPU server products. In addition, the company competes against Intel with its FPGA and Adaptive SoC server products.
Competition in Client Segment
The company’s primary competitor in the supply of CPUs and APUs is Intel.
Competition in Gaming Segment
In the graphics market, the company’s principal competitor in the supply of discrete graphics is NVIDIA, who is the discrete GPU market share leader; and Intel, who manufactures and sells integrated graphics processors and gaming-focused discrete GPUs.
Competition in Embedded Segment
Intel is the company’s main competitor for embedded CPUs.
Manufacturing Arrangements and Assembly and Test Facilities
Third-Party Wafer Foundry Facilities
The company utilizes Taiwan Semiconductor Manufacturing Company Limited (TSMC) for the production of wafers for the company’s HPC, FPGA and Adaptive SoC products; and GLOBALFOUNDRIES Inc. (GF), with respect to wafer purchases for the company’s HPC products at the 12 nm and 14 nm technology nodes. Additionally, the company utilizes TSMC, United Microelectronics Corporation (UMC) and Samsung Electronics Co., Ltd. for the production of the company’s ICs in the form of programmable logic devices.
Other Third-Party Manufacturers
The company outsources board-level graphics product manufacturing to third-party manufacturers.
Assembly, Test, Mark and Packaging Facilities
Wafers for the company’s products are either sorted by the foundry or delivered by the foundry to the company’s assembly, test, mark and packaging (ATMP) partners or subcontractors located in the Asia-Pacific region who package and test the company’s final semiconductor products. The company is party to two ATMP joint ventures (collectively, the ATMP JVs) with Tongfu Microelectronics Co., Ltd. The ATMP JVs, Siliconware Precision Industries Ltd. (SPIL) and King Yuan Electronics Company (KYEC) provide ATMP services for the company’s products.
Intellectual Property and Licensing
As of December 28, 2024, the company had approximately 7,500 patents in the United States and approximately 1,900 patent applications pending in the United States. In certain cases, the company has filed corresponding applications in foreign jurisdictions. Including United States and foreign matters, the company has approximately 18,800 patent matters worldwide consisting of approximately 13,200 issued patents and 5,600 patent applications pending.
AMD, the AMD Arrow logo, 3D V-Cache, AMD Athlon, AMD CDNA, AMD FidelityFX, AMD FirePro, AMD FreeSync, AMD Instinct, AMD RDNA, Alveo, Artix, CoolRunner, EPYC, Geode, Infinity Fabric, Kinex, Kria, Opteron, Pensando, Radeon, ROCm, Ryzen, Spartan, Threadripper, UltraScale, UltraScale+, Versal, Virtex, Vitis, Vivado, XDNA, Xilinx, Zynq and combinations thereof are trademarks of the company.
Seasonality
The company’s operating results tend to vary seasonally. Historically, the company’s net revenue has been generally higher in the second half of the year (year ended December 2024) than in the first half of the year, although market conditions and product transitions could impact these trends.
Research and Development
The company’s research and development expenses were $6.5 billion in 2024.
History
Advanced Micro Devices, Inc. was founded in 1969. The company was incorporated under the laws of Delaware in 1969.
