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Companies · AMD

AMD Reported this cycle

Advanced Micro Devices

Santa Clara, CA Founded 1969 Semiconductors

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Latest analysis

Updated Aug 19, 2026

AMD appoints Citi technology executive Tim Ryan to board; Joe Householder retires after 12 years.

AMD announced the appointment of Tim Ryan, currently Head of Technology and Business Enablement at Citi and former U.S. Chair of PwC, to its board of directors effective August 19, 2026, replacing retiring director Joseph Householder. The company emphasized Ryan's expertise in technology, operations, and financial governance as valuable to AMD's AI and high-performance computing strategy. Board committee composition shifted with KC McClure assuming chair of Audit and Finance Committee and Nora Denzel joining that committee, a governance reconfiguration with no disclosed strategic implications.

Tone: neutral

Revenue

$34.6B

AMD 10-K · FY 2025

Employees

31,000

Revenue growth YoY

+34%

Founded

1969

Profile

AMD 10-K Item 1 · Feb 4, 2026

Advanced Micro Devices (AMD) designs and sells high-performance and AI-optimized semiconductors — including CPUs, GPUs, FPGAs, and adaptive SoCs — for data centers, client PCs, gaming platforms, and embedded systems. The company operates across three reportable segments: Data Center, Client and Gaming, and Embedded. AMD is a fabless semiconductor company that relies on third-party foundries including TSMC and GlobalFoundries for wafer production.

Read filing description ↓

AMD drives innovation in high performance and AI computing to solve the world's most important challenges. AMD technology powers billions of experiences across cloud and AI infrastructure, embedded systems, AI PCs and gaming. With a broad portfolio of AI-optimized CPUs, GPUs, networking and software, AMD delivers full-stack solutions that help customers turn data into breakthroughs, with the speed and scale needed for a new era of intelligent computing. Our high-performance product portfolios provide differentiated solutions, including semi-custom System-on-Chip (SoCs), adaptive SoCs and accelerated processing units (APUs). For data centers, we offer AI accelerators, microprocessors (CPUs), graphic processing units (GPUs), data processing units (DPUs), AI Network Interface Cards (AI NICs) and field programmable gate arrays (FPGAs). We offer ultra-low latency networking solutions. We also offer data center rack-scale platform designs that incorporate AMD data center products to meet the growing performance demands of AI supercomputers and machine learning workloads. In client computing, our CPUs, APUs and chipsets for desktops and notebooks deliver performance, efficiency, AI capabilities and modern security features for 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. Our GPUs, including discrete GPUs and semi-custom SoCs, are combined with software to power immersive gaming experiences across PCs, game consoles and cloud gaming services. Our embedded computing portfolio delivers high-performance, scalable solutions across CPUs, APUs, FPGAs, System-on-Modules (SOMs) and adaptive SoCs for markets such as automotive, industrial, healthcare, storage and networking with integrated AI processing capabilities.

Primary products

  • AMD EPYC server processors
  • AMD Instinct GPU accelerators
  • AMD Radeon graphics
  • AMD Ryzen processors
  • AMD Ryzen AI processors
  • AMD Pensando DPUs

Business segments

Data Center Client and Gaming Embedded

End markets

Cloud and AI infrastructure Hyperscale data centers Enterprise IT High performance computing Consumer and commercial PCs Gaming Aerospace and defense Automotive Industrial Healthcare Communications infrastructure Test and measurement Audio, video and broadcasting

Geographies

United States Europe Asia Latin America China Singapore Canada Ireland India

Named customers

OpenAI OpCo, LLC Sony (PlayStation 5) Microsoft (Xbox Series S and X) Valve (Steam Machine PC) Asus (ROG Xbox Ally)

A small number of customers will continue to account for a substantial part of AMD's revenue and receivables in the future.

Named competitors

Intel Corporation Nvidia Corporation Altera Lattice Semiconductor Corporation Microsemi Corporation Broadcom Corporation Marvell Technology Group, Ltd. Analog Devices
“We are the market share leader in semi-custom game console products, where graphics performance is critical.” Competitive position, as stated in the filing

Revenue commentary · FY 2025

Net revenue increased 34% to $34.6 billion in fiscal 2025 compared to $25.8 billion in fiscal 2024, driven by strong performance in the Data Center and Client and Gaming segments.

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Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.

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