for other uses see amd disambiguation . advanced micro devices inc. headquarters in sunnyvale california type public traded as nasdaq amd industry semiconductors founded may 1 1969 ; 47 years ago 1969 05 01 founder jerry sanders headquarters one amd place 1 sunnyvale california u.s. area served worldwide key people lisa su ceo and president 2 john edward caldwell chairman of the board products microprocessors motherboard ssds graphics processing units random access memory 3 tv tuner cards 4 revenue 1.027 billion q2 2016 5 operating income 8 million q2 2016 5 net income 69 million q2 2016 5 total assets us 3.316 billion q2 2016 5 total equity 413 million q2 2016 5 number of employees 8 099 q2 2016 5 website www.amd.com advanced micro devices inc. amd is an american multinational semiconductor company based in sunnyvale california united states that develops computer processors and related technologies for business and consumer markets . while initially it manufactured its own processors the company became fabless after globalfoundries was spun off in 2009 . amd s main products include microprocessors motherboard chipsets embedded processors and graphics processors for servers workstations and personal computers and embedded systems applications . amd is the second largest supplier and only significant rival to intel in the market for x86 based microprocessors . since acquiring ati in 2006 amd and its competitor nvidia have dominated the discrete graphics processor unit gpu market . 6 contents 1 company history 1.1 first twelve years 1.2 technology exchange agreement with intel 2 history of cpus and apus 2.1 ibm pc and the x86 architecture 2.2 k5 k6 athlon duron and sempron 2.3 athlon 64 opteron and phenom 2.4 fusion becomes the amd apu and new microarchitectures 2.5 arm architecture based chip 2.6 zen based cpus and apus 3 other products and technologies 3.1 graphics products discrete and amd apu technology 3.2 amd motherboard chipsets 3.3 amd live 3.4 amd quad fx platform 3.5 server platform 3.6 desktop platforms 3.7 embedded systems 3.8 other initiatives 3.9 software 4 production and fabrication 5 corporate affairs 5.1 partnerships 5.2 litigation with intel 5.3 guinness world record achievement 5.4 corporate social responsibility 6 see also 7 references 8 notes 9 external links company history edit amd campus in markham ontario canada formerly ati headquarters amd s leed certified lone star campus in austin texas first twelve years edit advanced micro devices was formally incorporated on may 1 1969 by jerry sanders along with seven of his colleagues from fairchild semiconductor . 7 8 sanders an electrical engineer who was the director of marketing at fairchild had like many fairchild executives grown frustrated with the increasing lack of support opportunity and flexibility within that company and decided to leave to start his own semiconductor company . 9 the previous year robert noyce who had invented the first practical integrated circuit or microchip in 1959 at fairchild 10 had left fairchild together with gordon moore and founded the semiconductor company intel in july 1968 . 11 in september 1969 amd moved from its temporary location in santa clara to sunnyvale california . 12 to immediately secure a customer base amd initially became a second source supplier of microchips designed by fairchild and national semiconductor . 13 14 amd first focused on producing logic chips . 15 the company guaranteed quality control to united states military standard an advantage in the early computer industry since unreliability in microchips was a distinct problem that customers including computer manufacturers the telecommunications industry and instrument manufacturers wanted to avoid . 13 16 17 18 in november 1969 the company manufactured its first product the am9300 a 4 bit msi shift register which began selling in 1970 . 18 19 also in 1970 amd produced its first proprietary product the am2501 logic counter which was highly successful . 20 21 its best selling product in 1971 was the am2505 the fastest multiplier available . 20 22 in 1971 amd entered the ram chip market beginning with the am3101 a 64 bit bipolar ram . 22 23 that year amd also greatly increased the sales volume of its linear integrated circuits and by year end the company s total annual sales reached 4.6 million . 20 24 amd went public in september 1972 . 13 25 26 the company was a second source for intel mos lsi circuits by 1973 with products such as am14 1506 and am14 1507 dual 100 bit dynamic shift registers . 27 28 by 1975 amd was producing 212 products of which 49 were proprietary including the am9102 a static n channel 1024 bit ram 29 and three low power schottky msi circuits am25ls07 am25ls08 and am25ls09 . 30 intel had created the first microprocessor its 4 bit 4004 in 1971 . 31 32 by 1975 amd entered the microprocessor market with the am9080 a reverse engineered clone of the intel 8080 33 34 35 and the am2900 bit slice microprocessor family . 34 when intel began installing microcode in its microprocessors in 1976 it entered into a cross licensing agreement with amd granting amd a copyright license to the microcode in its microprocessors and peripherals effective october 1976 . 30 36 37 38 39 in 1977 amd entered into a joint venture with siemens a german engineering conglomerate wishing to enhance its technology expertise and enter the u.s. market . 40 siemens purchased 20 % of amd s stock giving amd an infusion of cash to increase its product lines . 40 41 42 that year the two companies also jointly established advanced micro computers located in silicon valley and in germany giving amd an opportunity to enter the microcomputer development and manufacturing field 40 43 44 45 in particular based on amd s second source zilog z8000 microprocessors . 46 47 when the two companies vision for advanced micro computers diverged amd bought out siemens stake in the u.s. division in 1979 . 48 49 amd closed its advanced micro computers subsidiary in late 1981 after switching focus to manufacturing second source intel x86 microprocessors . 46 50 51 total sales in fiscal year 1978 topped 100 million 43 and in 1979 amd debuted on the new york stock exchange . 21 in 1979 production also began in amd s new semiconductor fab in austin ; 21 the company already had overseas assembly facilities in penang and manila 52 and it began construction on a semiconductor fab in san antonio in 1981 . 53 in 1980 amd began supplying semiconductor products for telecommunications an industry undergoing rapid expansion and innovation . 54 technology exchange agreement with intel edit intel had introduced the first x86 microprocessors in 1978 . 55 in 1981 ibm created its pc and wanted intel s x86 processors but only under the condition that intel also provide a second source manufacturer for its patented x86 microprocessors . 16 intel and amd entered into a 10 year technology exchange agreement first signed in october 1981 50 56 and formally executed in february 1982 . 39 the terms of the agreement were that each company could acquire the right to become a second source manufacturer for semiconductor products developed by the other ; that is each party could earn the right to manufacture and sell a product developed by the other if agreed to by exchanging the manufacturing rights to a product of equivalent technical complexity . the technical information and licenses needed to make and sell a part would be exchanged for a royalty to the developing company . 38 the 1982 agreement also extended the 1976 amd intel cross licensing agreement through 1995 . 38 39 the agreement included the right to invoke arbitration of disagreements and after five years the right of either party to end the agreement with one year s notice . 38 the main result of the 1982 agreement was that amd became a second source manufacturer of intel s x86 microprocessors and related chips and intel provided amd with database tapes for its 8086 80186 and 80286 chips . 39 beginning in 1982 amd began volume producing second source intel licensed 8086 8088 80186 and 80188 processors and by 1984 its own am286 clone of intel s 80286 processor for the rapidly growing market of ibm pcs and ibm clones . 16 57 it also continued its successful concentration on proprietary bipolar chips . 58 in 1983 it introduced int.std .1000 the highest manufacturing quality standard in the industry . 18 53 the company continued to spend greatly on research and development 59 and in addition to other breakthrough products created the world s first 512k eprom in 1984 . 60 that year amd was listed in the book the 100 best companies to work for in america 53 61 and based on 1984 income it made the fortune 500 list for the first time in 1985 . 62 63 by mid 1985 however the microchip market experienced a severe downturn mainly due to longterm aggressive trade practices dumping from japan but also due to a crowded and non innovative chip market in the u.s. 64 amd rode out the mid 1980s crisis by aggressively innovating and modernizing 65 devising the liberty chip program of designing and manufacturing one new chip or chip set per week for 52 weeks in fiscal year 1986 53 66 and by heavily lobbying the u.s. government until sanctions and restrictions were put into place to prevent predatory japanese pricing . 67 during this time period amd withdrew from the dram market 68 and at the same time made some headway into the cmos market which it had lagged in entering having focused instead on bipolar chips . 69 amd had some success in the mid 1980s with the amd7910 and amd7911 world chip fsk modem one of the first multi standard devices that covered both bell and ccitt tones at up to 1200 baud half duplex or 300 300 full duplex . 70 beginning in 1986 amd embraced the perceived shift toward risc with their own amd am29000 29k processor ; 71 the 29k survived as an embedded processor . 72 73 the company also increased its eprom memory market share in the late 1980s . 74 throughout the 1980s amd was a second source supplier of intel x86 processors . in 1991 it introduced its own 386 compatible am386 an amd designed chip . creating its own chips amd began to compete directly with intel . 75 amd had a large and successful flash memory business even during the dotcom bust . 76 in 2003 to divest some manufacturing and aid its overall cash flow which was under duress from aggressive microprocessor competition from intel amd spun off its flash memory business and manufacturing into spansion a joint venture with fujitsu which had been co manufacturing flash memory with amd since 1993 . 77 78 amd divested itself of spansion in december 2005 in order to focus on the microprocessor market and spansion went public in an ipo . 79 amd announced the acquisition of the graphics processor company ati technologies on july 24 2006 . amd paid 4.3 billion in cash and 58 million shares of its stock for a total of approximately 5.4 billion . the transaction completed on october 25 2006 . 80 on august 30 2010 amd announced that it would retire the ati brand name for its graphics chipsets in favor of the amd brand name . 81 82 in october 2008 amd announced plans to spin off manufacturing operations in the form of a multibillion dollar joint venture with advanced technology investment co. an investment company formed by the government of abu dhabi . the new venture is called globalfoundries inc. the partnership and spin off gave amd an infusion of cash and allowed amd to focus solely on chip design . 83 to assure the abu dhabi investors of the new venture s success ceo hector ruiz stepped down as ceo of amd