In just five years after its establishment, AMD was manufacturing more than 200 products – many of them proprietary and had close to $25.5m in annual sales, according to Silicon Valley Historical Association. The company expanded its business as its customer base increased, opening an assembly plant in Malaysia and increasing the size of its headquarters in Sunnyvale. To attract more customers, AMD started to broaden its products to include high-performance memories and networking. The Am2501 logic counter, the company's first proprietary product, was released in 1970 and was a huge success. However, it transferred its stock to the NASDAQ Stock Exchange on 2 January 2015.ĪMD initially concentrated on producing logic chips.
In October 1979, AMD debuted on the New York Stock Exchange ( NYSE).
It raised a total of $7.5m from the public offering. Three years after its establishment, the company issued 620,000 shares of common stock for over-the-counter ( OTC) trading at $15.50 a share on 27 September 1972. Fairchild Semiconductor was a pioneer in integrated circuits and transistors production. Jerry Sanders and seven former employees of Fairchild Semiconductor founded AMD in 1969 in Sunnyvale, California. It also produces server processors and technology for game consoles.ĪMD invests in high-performance GPUs and software for markets such as gaming, artificial intelligence, cloud gaming, and virtual and augmented reality. The company’s products include accelerated processing units (APU), graphics processing units (GPUs) and System-on-Chip (SoC). US30 US Wall Street 30 (USA 30, Dow Jones)Īdvanced Micro Devices ( AMD) is a global technology company based in the United States that produces a wide range of processors, graphics, video and multimedia products.īased in Santa Clara, California, AMD is a global leader in the microprocessor industry.
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