AMD
SP100NasdaqGSAdvanced Micro Devices, Inc.
Technology · Semiconductors · United States
Advanced Micro Devices, Inc. operates as a semiconductor company internationally. It operates in three segments: Data Center, Client and Gaming, and Embedded. The company offers artificial intelligence (AI) accelerators, microprocessors, and graphics processing units (GPUs) as standalone devices or as incorporated into accelerated processing units, chipsets, and data center and professional GPUs; and embedded processors and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing units, field programmable gate arrays (FPGA), system on modules, AI network interface cards, and adaptive SoC products. It provides processors under the AMD Ryzen, AMD Ryzen AI, AMD Ryzen PRO, AMD Ryzen Threadripper, AMD Ryzen Threadripper PRO, AMD Athlon, and AMD PRO A-Series brands; graphics under the AMD Radeon graphics and AMD Embedded Radeon graphics; professional graphics under the AMD Radeon Pro graphics brand; and AI and general-purpose compute infrastructure for hyperscale providers. The company offers data center graphics under the AMD Instinct accelerators and Radeon PRO V-series brands; server microprocessors under the AMD EPYC brand; low power solutions under the AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, and AMD R-Series and G-Series brands; FPGA products under the Virtex-6, Virtex-7, Virtex UltraScale+, Kintex-7, Kintex UltraScale, Kintex UltraScale+, Artix-7, Artix UltraScale+, Spartan-6, and Spartan-7 brands; adaptive SOCs under the Zynq-7000, Zynq UltraScale+ MPSoC, Zynq UltraScale+ RFSoCs, Versal HBM, Versal Premium, Versal Prime, Versal AI Core, Versal AI Edge, Vitis, and Vivado brands; and compute and network acceleration board products under the Alveo and Pensando brands. It serves original equipment and design manufacturers, public cloud service providers, system integrators, distributors, and add-in-board manufacturers. The company was incorporated in 1969 and is headquartered in Santa Clara, California.
www.amd.com ↗Shares trade at a premium 172.6× trailing earnings, easing to 39.3× on forward estimates. Profitability shows a net margin of 13.4% and return on equity of 8.1%. Leverage is modest at -1.1× net debt/EBITDA. Revenue grew 37.8% year-on-year. The mean analyst target of USD508.31 sits 1.8% below the current price (Strong Buy, 48 analysts).
business model
AMD is a fabless semiconductor company that designs CPUs, GPUs, and adaptive/embedded chips and outsources manufacturing (primarily to TSMC). It earns revenue by selling processors and accelerators to data-center operators, PC and server OEMs, gaming consoles, and embedded customers.
revenue segments
Four segments: Data Center (EPYC server CPUs and Instinct AI GPUs, the key growth engine), Client (Ryzen PC processors), Gaming (semi-custom chips for PlayStation and Xbox plus Radeon GPUs), and Embedded (largely from the Xilinx acquisition). Revenue is global with significant sales into Asia-based manufacturing and cloud customers.
key dependencies
Critically dependent on TSMC for advanced-node manufacturing, on hyperscaler and OEM demand, and on software/ecosystem support (ROCm versus CUDA). It is exposed to US export controls on AI chips to China and to memory/component availability.
competitors
Competes with Intel in CPUs, Nvidia in GPUs and AI accelerators, and increasingly with hyperscaler in-house silicon and Arm-based designs; in embedded/FPGA it faces Intel/Altera and others.
moat
Moat is moderate: strong x86 CPU design capability, a competitive chiplet architecture, semi-custom console wins, and Xilinx's embedded franchise, but it lacks Nvidia's entrenched CUDA software ecosystem and depends on an external foundry.
risks
Risks include intense competition (especially Nvidia's AI dominance and CUDA lock-in), reliance on a single leading-edge foundry, cyclicality in PCs and gaming, export-control limits on China AI sales, and execution risk in scaling data-center GPU adoption.
Financials & metrics
as of 04 Jul 2026Tap any metric for an explanation.● provider● computedN/A not available from source
Dividends
This company does not currently pay a dividend.
Analyst assessment
as of 04 Jul 2026Aggregate consensus only. Named per-analyst targets require a premium source and are not shown; the data model is ready to hold them if one is added.