Advanced Micro Devices, Inc. (AMD) stands as a global leader in high-performance and adaptive computing, delivering innovative semiconductor solutions that power critical technologies across industries. With a focus on addressing complex global challenges through advanced computing, AMD’s portfolio spans artificial intelligence (AI) accelerators, microprocessors, graphics processing units (GPUs), and adaptive system-on-chip (SoC) products.
Table of Contents
Company Profile
AMD is a global semiconductor company headquartered in Santa Clara, California, dedicated to developing high-performance and adaptive computing solutions. The company’s mission is to build products that accelerate next-generation computing experiences, transforming lives through innovation. AMD’s technologies power data centers, personal computing devices, gaming consoles, and embedded systems, addressing some of the world’s most pressing challenges. With a workforce of highly skilled professionals, AMD emphasizes employee engagement, ranking in the top 10% of high-tech firms based on its AMDer Survey scores.
AMD operates across four primary business segments: Data Center, Client, Gaming, and Embedded. The company collaborates with original equipment manufacturers (OEMs), system integrators, and distributors to deliver tailored solutions. Its competitive landscape includes major players like Intel and NVIDIA, yet AMD continues to carve a significant market share through strategic acquisitions and innovation in AI and high-performance computing.
The company’s vision is to transform lives through adaptive computing, and it achieves this by leveraging its core intellectual property (IP) in CPUs, GPUs, APUs, DPUs, and FPGAs. AMD’s commitment to sustainability and corporate responsibility is evident in its environmental initiatives and employee-focused strategies.
Business Segments
AMD operates through four reportable segments, each contributing to its diverse portfolio and revenue stream. Below is a detailed breakdown of each segment, including their focus, products, and revenue contribution for the fiscal year ended December 28, 2024.
1. Data Center Segment
- Description: The Data Center segment is AMD’s flagship division, focusing on AI accelerators, server microprocessors (CPUs), graphics processing units (GPUs), data processing units (DPUs), and adaptive system-on-chip (SoC) products tailored for data centers. This segment supports hyperscale computing, cloud services, and enterprise applications, with a significant emphasis on AI infrastructure. The acquisition of ZT Systems in August 2024 enhances AMD’s capabilities in providing AI and general-purpose compute infrastructure for hyperscale companies.
- Key Products:
- AI Accelerators: Designed for high-performance AI workloads.
- EPYC Processors: Server CPUs optimized for cloud, enterprise, and high-performance computing.
- Instinct GPUs: High-performance GPUs for data center applications.
- Pensando DPUs: Data processing units for network acceleration.
- Versal Adaptive SoCs: Flexible SoCs for diverse data center applications.
- Revenue (2024): $12,579 million
- Revenue Share: 48.8% of total net revenue ($25,785 million)
2. Client Segment
- Description: The Client segment targets desktop and notebook PCs, delivering CPUs, accelerated processing units (APUs), and chipsets. This segment caters to consumer and commercial markets, focusing on performance, energy efficiency, and seamless computing experiences.
- Key Products:
- Ryzen Processors: High-performance CPUs for desktops and laptops.
- Ryzen PRO Processors: CPUs designed for enterprise-grade security and manageability.
- Athlon Processors: Entry-level CPUs for cost-effective computing.
- Chipsets: Supporting motherboard functionality for PCs.
- Revenue (2024): $7,054 million
- Revenue Share: 27.4% of total net revenue
3. Gaming Segment
- Description: The Gaming segment focuses on semi-custom SoC products for gaming consoles and handheld gaming devices. AMD collaborates closely with customers to co-engineer solutions that power leading gaming platforms, leveraging its CPU, GPU, and multimedia technologies.
- Key Products:
- Semi-Custom SoCs: Tailored solutions for gaming consoles like PlayStation and Xbox.
- Radeon GPUs: Graphics cards for PC gaming.
- Revenue (2024): $2,595 million
- Revenue Share: 10.1% of total net revenue
4. Embedded Segment
- Description: The Embedded segment provides field-programmable gate arrays (FPGAs), adaptive SoCs, and acceleration cards for applications in automotive, industrial, aerospace, and defense. This segment includes products inherited from the Xilinx acquisition, emphasizing flexibility and performance in embedded systems.
- Key Products:
- Virtex, Kintex, Artix, Spartan FPGAs: Programmable logic devices for diverse applications.
- Zynq and Versal Adaptive SoCs: Combining processing and programmable logic for embedded systems.
- Development Kits: Tools to accelerate application development.
- Revenue (2024): $3,557 million
- Revenue Share: 13.8% of total net revenue
Revenue Breakup Summary (2024):
| Segment | Revenue ($M) | Percentage of Total Revenue |
|---|---|---|
| Data Center | 12,579 | 48.8% |
| Client | 7,054 | 27.4% |
| Gaming | 2,595 | 10.1% |
| Embedded | 3,557 | 13.8% |
| Total | 25,785 | 100% |
Products and Services
AMD’s product portfolio is extensive, encompassing CPUs, GPUs, APUs, DPUs, FPGAs, adaptive SoCs, and development tools. Below is a comprehensive list of products and services, along with their applications and revenue contributions (aligned with the segment breakdown above).
1. CPUs (Central Processing Units)
- Description: AMD’s CPUs are high-performance processors for servers, desktops, laptops, and embedded systems. The EPYC line powers data centers, while Ryzen and Ryzen PRO cater to consumer and enterprise PCs.
- Key Products:
- EPYC Processors: Optimized for cloud, enterprise, and HPC workloads.
- Ryzen Processors: For desktop and laptop performance.
- Ryzen PRO Processors: Enterprise-grade CPUs with security features.
- Athlon Processors: Budget-friendly CPUs for basic computing.
- Applications: Data centers, desktops, laptops, workstations.
- Revenue Contribution: Primarily within Data Center (48.8%) and Client (27.4%) segments.
2. GPUs (Graphics Processing Units)
- Description: AMD’s GPUs, branded as Radeon and Instinct, deliver high-performance graphics for gaming, professional visualization, and data center applications.
- Key Products:
- Radeon GPUs: For PC gaming and professional graphics (Radeon PRO).
- Instinct GPUs: Designed for AI and HPC workloads in data centers.
- Applications: Gaming PCs, workstations, data centers.
- Revenue Contribution: Significant in Data Center (48.8%) and Gaming (10.1%) segments.
3. APUs (Accelerated Processing Units)
- Description: APUs combine CPU and GPU capabilities on a single chip, offering efficient performance for laptops and desktops.
- Key Products: Ryzen APUs with integrated Radeon graphics.
- Applications: Laptops, desktops, all-in-one PCs.
- Revenue Contribution: Primarily within Client segment (27.4%).
4. DPUs (Data Processing Units)
- Description: Acquired through Pensando Systems, DPUs enhance network performance in data centers.
- Key Products: Pensando DPUs for network acceleration.
- Applications: Cloud computing, data center networking.
- Revenue Contribution: Part of Data Center segment (48.8%).
5. FPGAs (Field-Programmable Gate Arrays)
- Description: FPGAs are programmable logic devices used in data centers, automotive, and industrial applications. Acquired through Xilinx, these products offer flexibility for custom solutions.
- Key Products:
- Virtex Series: High-performance FPGAs for data centers.
- Kintex Series: Balanced performance for various applications.
- Artix Series: Cost-optimized FPGAs.
- Spartan Series: Low-power FPGAs for embedded systems.
- Applications: Data centers, automotive, aerospace, industrial.
- Revenue Contribution: Core to Embedded segment (13.8%).
6. Adaptive SoCs
- Description: Adaptive SoCs combine programmable logic with processing capabilities, offering versatile solutions for data centers and embedded systems.
- Key Products:
- Zynq MPSoC: Multi-core SoCs for embedded applications.
- Versal Adaptive SoCs: Advanced SoCs for AI and data center workloads.
- Applications: Data centers, automotive, defense, industrial.
- Revenue Contribution: Part of Embedded segment (13.8%).
7. Semi-Custom SoCs
- Description: Tailored solutions co-engineered with customers for gaming consoles and handheld devices.
- Key Products: Custom SoCs for PlayStation, Xbox, and other gaming platforms.
- Applications: Gaming consoles, handheld gaming devices.
- Revenue Contribution: Core to Gaming segment (10.1%).
8. Development Boards and Kits
- Description: AMD offers development kits to streamline application development for FPGAs and adaptive SoCs. These include hardware, IP, and reference designs.
- Key Products: Kria KD240 Drives Starter Kit, other FPGA development kits.
- Applications: Prototyping, application development in embedded systems.
- Revenue Contribution: Part of Embedded segment (13.8%).
9. Chipsets
- Description: Chipsets support motherboard functionality for PCs, enhancing connectivity and performance.
- Key Products: AMD chipsets for desktop and laptop motherboards.
- Applications: Desktop and laptop PCs.
- Revenue Contribution: Part of Client segment (27.4%).
Revenue Breakup by Product Category (Aligned with Segments, 2024):
| Product Category | Segment Contribution | Revenue ($M) | Percentage |
|---|---|---|---|
| CPUs (EPYC, Ryzen, etc.) | Data Center, Client | 19,633 | 76.2% |
| GPUs (Radeon, Instinct) | Data Center, Gaming | 15,174 | 58.9%* |
| APUs | Client | 7,054 | 27.4%* |
| DPUs | Data Center | 12,579 | 48.8%* |
| FPGAs | Embedded | 3,557 | 13.8% |
| Adaptive SoCs | Embedded | 3,557 | 13.8%* |
| Semi-Custom SoCs | Gaming | 2,595 | 10.1% |
| Development Kits | Embedded | 3,557 | 13.8%* |
| Chipsets | Client | 7,054 | 27.4%* |
*Note: Some products contribute to multiple segments; percentages reflect segment totals, with overlaps approximated based on segment revenue.
Company History
AMD’s journey began in 1969, founded by a group of engineers led by Jerry Sanders with a vision to innovate in the semiconductor industry. Over the decades, AMD has evolved from a second-source supplier of microprocessors to a global leader in high-performance computing.
- 1969–1980s: AMD was established in Sunnyvale, California, initially focusing on producing logic chips and memory devices. It became a key second-source supplier for Intel’s x86 processors, gaining traction in the emerging PC market.
- 1990s: AMD introduced its own x86-compatible processors, such as the Am486 and K5, challenging Intel’s dominance. The K6 processor, launched in 1997, marked AMD’s entry into high-performance computing.
- 2000s: The Athlon and Opteron processors solidified AMD’s reputation for performance. In 2006, AMD acquired ATI Technologies, entering the GPU market and expanding its graphics capabilities.
- 2010s: AMD faced financial challenges but rebounded with the launch of the Ryzen and EPYC processors in 2017, leveraging the Zen architecture. The acquisition of Xilinx in 2022 bolstered AMD’s FPGA and adaptive SoC offerings.
- 2020s: AMD has focused on AI and data center growth, acquiring Pensando Systems (2022) and Silo AI (2024) to enhance its AI capabilities. In August 2024, AMD entered an agreement to acquire ZT Systems, strengthening its data center infrastructure solutions.
AMD’s history is marked by innovation, strategic acquisitions, and a commitment to competing in high-performance markets. Its acquisitions have expanded its technological breadth, positioning it as a leader in AI, gaming, and embedded systems.
Brands
AMD markets its products under several well-known brands, each representing specific product lines and technologies. Below is a detailed list of AMD’s brands and their contributions.
1. Ryzen
- Description: Ryzen is AMD’s flagship brand for high-performance CPUs and APUs for desktops, laptops, and workstations. It includes Ryzen PRO for enterprise users.
- Applications: Consumer and commercial PCs.
- Revenue Contribution: Part of Client segment (27.4%).
2. EPYC
- Description: EPYC processors are designed for data center servers, offering high core counts and performance for cloud and enterprise workloads.
- Applications: Data centers, cloud computing, HPC.
- Revenue Contribution: Core to Data Center segment (48.8%).
3. Radeon
- Description: Radeon encompasses GPUs for gaming and professional visualization. Radeon PRO targets workstations, while consumer Radeon GPUs power gaming PCs.
- Applications: Gaming, professional visualization.
- Revenue Contribution: Part of Data Center (48.8%) and Gaming (10.1%) segments.
4. Instinct
- Description: Instinct GPUs are optimized for AI and HPC workloads in data centers.
- Applications: AI training, HPC, data centers.
- Revenue Contribution: Part of Data Center segment (48.8%).
5. Virtex, Kintex, Artix, Spartan
- Description: These FPGA brands, acquired through Xilinx, cater to data centers, automotive, and industrial applications.
- Applications: Data centers, embedded systems.
- Revenue Contribution: Core to Embedded segment (13.8%).
6. Zynq, Versal
- Description: Zynq and Versal are adaptive SoC brands for embedded and data center applications, combining programmable logic and processing.
- Applications: Embedded systems, AI workloads.
- Revenue Contribution: Part of Embedded segment (13.8%).
7. Pensando
- Description: Pensando DPUs enhance data center networking performance.
- Applications: Cloud computing, network acceleration.
- Revenue Contribution: Part of Data Center segment (48.8%).
Brand Revenue Breakup (Aligned with Segments, 2024):
| Brand | Segment Contribution | Revenue ($M) | Percentage |
|---|---|---|---|
| Ryzen | Client | 7,054 | 27.4% |
| EPYC | Data Center | 12,579 | 48.8%* |
| Radeon | Data Center, Gaming | 15,174 | 58.9%* |
| Instinct | Data Center | 12,579 | 48.8%* |
| Virtex/Kintex/Artix/Spartan | Embedded | 3,557 | 13.8% |
| Zynq/Versal | Embedded | 3,557 | 13.8%* |
| Pensando | Data Center | 12,579 | 48.8%* |
*Note: Brands contributing to multiple segments are approximated based on segment revenue.
Geographical Presence
AMD operates globally, with significant revenue from key regions. The company’s billing locations reflect its international customer base, as detailed below for 2024.
1. United States
- Description: The U.S. is AMD’s largest market, driven by data center and client segment sales to major OEMs and hyperscale companies.
- Revenue (2024): $8,693 million
- Revenue Share: 33.7%
2. China (including Hong Kong)
- Description: China is a significant market for AMD’s data center and embedded products, though subject to export controls.
- Revenue (2024): $6,231 million
- Revenue Share: 24.2%
3. Japan
- Description: Japan contributes through gaming and client segment sales, particularly for semi-custom SoCs.
- Revenue (2024): $3,374 million
- Revenue Share: 13.1%
4. Europe
- Description: Europe supports AMD’s data center and embedded segments, with demand for FPGAs and server CPUs.
- Revenue (2024): $2,973 million
- Revenue Share: 11.5%
5. Taiwan
- Description: Taiwan is a hub for OEM partnerships and client segment sales.
- Revenue (2024): $2,708 million
- Revenue Share: 10.5%
6. Singapore
- Description: Singapore contributes to data center and embedded sales, leveraging its tech hub status.
- Revenue (2024): $1,255 million
- Revenue Share: 4.9%
7. Other Countries
- Description: Includes regions like Canada, Latin America, and other Asia-Pacific markets.
- Revenue (2024): $749 million
- Revenue Share: 2.9%
Geographical Revenue Breakup (2024):
| Region | Revenue ($M) | Percentage |
|---|---|---|
| United States | 8,693 | 33.7% |
| China (incl. HK) | 6,231 | 24.2% |
| Japan | 3,374 | 13.1% |
| Europe | 2,973 | 11.5% |
| Taiwan | 2,708 | 10.5% |
| Singapore | 1,255 | 4.9% |
| Other Countries | 749 | 2.9% |
| Total | 25,785 | 100% |
Financial Performance
AMD’s financial performance for 2024 is summarized in the following tables, covering the Consolidated Statements of Operations, Balance Sheets, and Cash Flows.
Consolidated Statement of Operations (2022–2024)
| Item | 2024 ($M) | 2023 ($M) | 2022 ($M) |
|---|---|---|---|
| Net Revenue | 25,785 | 22,680 | 23,601 |
| Cost of Sales | 12,779 | 12,218 | 12,803 |
| Gross Profit | 13,006 | 10,462 | 10,798 |
| Research and Development | 6,308 | 5,872 | 5,005 |
| Marketing, General, and Admin | 2,578 | 2,352 | 2,335 |
| Amortization of Intangibles | 2,400 | 2,800 | 4,200 |
| Operating Income | 1,720 | (562) | (742) |
| Interest Expense | (92) | (106) | (88) |
| Other Income (Expense), Net | 182 | 206 | 65 |
| Income Before Taxes | 2,022 | 508 | 1,434 |
| Income Tax Provision (Benefit) | 381 | (346) | 122 |
| Equity Income in Investee | 33 | 16 | 14 |
| Net Income | 1,641 | 854 | 1,320 |
| Earnings Per Share (Basic) | 1.01 | 0.53 | 0.85 |
| Earnings Per Share (Diluted) | 1.00 | 0.53 | 0.84 |
Consolidated Balance Sheet (2023–2024)
| Item | 2024 ($M) | 2023 ($M) |
|---|---|---|
| Assets | ||
| Cash and Cash Equivalents | 3,787 | 3,933 |
| Short-Term Investments | 2,195 | 1,840 |
| Accounts Receivable, Net | 5,745 | 5,376 |
| Inventories | 5,734 | 4,351 |
| Prepaid Expenses and Other | 1,878 | 2,312 |
| Property and Equipment, Net | 1,623 | 1,589 |
| Operating Lease ROU Assets | 600 | 491 |
| Goodwill | 24,262 | 24,186 |
| Intangible Assets, Net | 18,485 | 21,363 |
| Other Non-Current Assets | 2,981 | 2,511 |
| Total Assets | 67,580 | 67,052 |
| Liabilities | ||
| Accounts Payable | 2,006 | 2,055 |
| Accrued Liabilities | 3,316 | 3,149 |
| Short-Term Debt | 0 | 750 |
| Long-Term Debt | 1,745 | 1,714 |
| Long-Term Operating Lease Liabilities | 491 | 463 |
| Other Long-Term Liabilities | 2,454 | 3,029 |
| Total Liabilities | 10,012 | 11,160 |
| Stockholders’ Equity | ||
| Common Stock | 17 | 16 |
| Additional Paid-In Capital | 62,293 | 59,418 |
| Accumulated Deficit | (10,069) | (11,710) |
| Accumulated Other Comprehensive Loss | (69) | (10) |
| ½ |
Total Stockholders’ Equity | 57,568| 55,892|
Consolidated Statement of Cash Flows (2022–2024)
| Item | 2024 ($M) | 2023 ($M) | 2022 ($M) |
|---|---|---|---|
| Cash Flows from Operating Activities | |||
| Net Income | 1,641 | 854 | 1,320 |
| Depreciation and Amortization | 2,400 | 2,800 | 4,200 |
| Stock-Based Compensation | 1,400 | 1,400 | 1,200 |
| Changes in Working Capital | (1,500) | (1,200) | (1,800) |
| Other Adjustments | 33 | 16 | 14 |
| Net Cash from Operating Activities | 3,974 | 3,870 | 4,750 |
| Cash Flows from Investing Activities | |||
| Purchases of Investments | (2,000) | (2,000) | (1,500) |
| Acquisition of Businesses | (500) | (300) | (2,000) |
| Other Investing Activities | 1,399 | 877 | 1,250 |
| Net Cash from Investing Activities | (1,101) | (1,423) | (2,250) |
| Cash Flows from Financing Activities | |||
| Common Stock Repurchases | (862) | (985) | (3,264) |
| Proceeds from Stock Issuance | 279 | 268 | 250 |
| Other Financing Activities | (1,479) | (429) | (250) |
| Net Cash from Financing Activities | (2,062) | (1,146) | (3,264) |
| Net Change in Cash | (122) | (902) | 2,300 |
| Cash at Beginning of Year | 3,933 | 4,835 | 2,535 |
| Cash at End of Year | 3,811 | 3,933 | 4,835 |
Subsidiaries, Wholly-Owned Subsidiaries, and Associates
AMD operates through numerous subsidiaries worldwide, with a mix of wholly-owned and partially owned entities. Below is a comprehensive list based on the provided data.
Domestic Subsidiaries (Wholly-Owned)
- Advanced Micro Led – Delaware, USA
- AMD Corporation – Delaware, USA
- Auviz Systems Inc. – Delaware, USA
- Xilinx Development Corporation – Delaware, USA
- HaAlgo Inc. – Delaware, USA
- AMD Advanced Research, LLC – Delaware, USA
- AMD Design, LLC – Delaware, USA
- AMD (EMEA) LTD – Delaware, USA
- AMD Far East Ltd. – Delaware, USA
- AMD International Sales & Service, Ltd. – Delaware, USA
- AMD Latin America Ltd. – Delaware, USA
- AMD Research Technologies, Inc. – Delaware, USA
- Lapland NewCo LLC – Delaware, USA
- Level 5 Networks, Inc. – Delaware, USA
- Midgard Acquisition LLC – Delaware, USA
- Mipsology Inc. – Delaware, USA
International Subsidiaries
- Advanced Micro Devices S.A.S. – France
- Mipsology S.A.S. – France
- Xilinx SARL – France
- Silo GenAI Oy – Finland
- Comkem Mix Oy – Finland
- Advanced Micro Devices GmbH – Germany
- Silexica GmbH – Germany
- Xilinx Dresden GmbH i.L. – Germany
- Xilinx GmbH – Germany
- Xilinx Hong Kong Limited – Hong Kong SAR, China
- AMD India Private Limited – India
- Solarflare India Private Limited – India
- Xilinx India Technology Services Private Limited – India
- Xilinx Finance Ireland Limited – Ireland
- Xilinx Ireland Unlimited Company – Ireland
- Xilinx Israel Limited – Israel
- Advanced Micro Devices S.p.A. – Italy
- AMD Japan Ltd. – Japan
- Xilinx Kabushiki Kaisha – Japan
- AMD Malaysia Sdn. Bhd. – Malaysia
- Xilinx Limited – United Kingdom
- Xilinx NI Limited – United Kingdom
- Xilinx Technology Ltd. – United Kingdom
Associates
- THATIC JV: AMD holds equity interests in two joint ventures with Higon Information Technology Co., Ltd. (THATIC), contributing $17 million in 2024. Licensing gains from royalty income were $48 million in 2024.
- ATMP JV: AMD’s equity in this joint venture was approximately $149 million in 2024.
Revenue Contribution: Subsidiaries contribute to segment revenues, but specific revenue breakdowns per subsidiary are not provided. The Data Center and Embedded segments, which include contributions from acquired subsidiaries like Xilinx and Pensando, account for 48.8% and 13.8% of total revenue, respectively.
Physical Properties
AMD’s physical properties include offices, research facilities, and manufacturing partnerships. The company does not own wafer fabrication facilities but relies on third-party foundries like TSMC and GLOBALFOUNDRIES.
Key Properties
- Headquarters – Santa Clara, California: Main administrative and R&D hub.
- Research and Development Facilities:
- Austin, Texas
- Shanghai, China
- Bangalore, India
- Markham, Canada
- Manufacturing Arrangements:
- TSMC (Taiwan): Produces wafers for HPC, FPGA, and adaptive SoC products.
- GLOBALFOUNDRIES (USA): Supplies wafers for HPC products at 12nm and 14nm nodes.
- Leased Properties:
- Operating leases for offices and facilities globally, with $600 million in right-of-use assets and $491 million in long-term lease liabilities as of 2024.
- Example: Lease agreement with 7171 Southwest Parkway Holdings, L.P. in Austin, Texas.
Environmental Liability: AMD has recorded a $5.5 million liability for future remediation costs at certain sites, reflecting its commitment to environmental responsibility.
Founders
AMD was founded in 1969 by a group of engineers led by Jerry Sanders, a former Fairchild Semiconductor executive. Other key founders included:
- John Carey
- Ed Turney
- Frank Botte
These individuals aimed to create a semiconductor company focused on innovation, initially producing logic chips and memory devices. Jerry Sanders’ leadership shaped AMD’s early growth, positioning it as a competitor to Intel in the microprocessor market.
Board of Directors
AMD’s Board of Directors as of February 2025 includes:
- Lisa T. Su – Chair, President, and CEO. Leads AMD’s strategic direction and operations.
- Nora M. Denzel – Lead Independent Director. Provides oversight and governance expertise.
- Mark Durcan – Director. Former CEO of Micron Technology, brings semiconductor industry experience.
- Mike P. Gregoire – Director. Expertise in software and technology leadership.
- Joe A. Householder – Director. Financial and energy sector experience.
- John W. Marren – Director. Technology investment and strategy expertise.
- Jon A. Olson – Director. Financial and operational leadership experience.
- Abhi Y. Talwalkar – Director. Former CEO of LSI Corporation, semiconductor expertise.
- Beth W. Vanderslice – Director. Technology and governance expertise.
Investment Details
- Equity Investments:
- THATIC JV: $48 million in licensing gains in 2024.
- ATMP JV: $149 million equity value in 2024.
- Short-Term Investments: $2,195 million in available-for-sale debt securities as of 2024.
- Acquisitions:
- Xilinx (2022): Enhanced FPGA and adaptive SoC capabilities.
- Pensando Systems (2022): Added DPU technology.
- Silo AI (2024): Strengthened AI model development.
Future Investment Plans
AMD’s future investments focus on expanding its data center and AI capabilities:
- ZT Systems Acquisition: A $4.9 billion cash and stock transaction, expected to close in 2025, to enhance AI and compute infrastructure.
- R&D Investments: Continued focus on AI accelerators, next-generation CPUs, and adaptive SoCs.
- Capital Expenditures: Planned increases in property and equipment to support growth in data center and embedded segments.
