For the past five decades, Advanced Micro Devices, or AMD (AMD), has become a staple of the technology industry.
Let’s take a closer look at the semiconductor company’s biggest moments Beyond the Ticker.
1969
AMD was founded by Jerry Sanders and a group of seven other people.
1972
The company went public on September 27, 1972, at $15 per share, bringing in a total of $750,000.
1982
AMD and its main rival Intel ( INTC ) have signed a 10-year technology exchange agreement, as part of an agreement to supply chips to IBM ( IBM ).
1991
AMD released the Am386, its own version of the Intel 386 microprocessor, leading to a legal battle between the two companies.
1994
AMD has struck a major deal with Compaq to supply Am486 processors to power Compaq PCs.
1996
AMD bought NexGen for $857 million, to take on Intel’s Pentium line of chips.
1999
AMD introduced the Athlon processor, the first 1-GHz microprocessor.
2003
AMD launched Opteron, the company’s first server-oriented processor.
2006
AMD acquired ATI Technologies for $5.4 billion, pushing forward in the graphics card business for high-end gaming and design PCs.
2009
Intel agreed to pay AMD $1.25 billion as part of the two’ long-running antitrust battle.
2013
Microsoft ( MSFT ) and Sony ( SONY ) have chosen AMD as the chip that supplies the Xbox One and PS4 game consoles.
2017
AMD launched its new Ryzen line of chips aimed at taking on Intel’s top-of-the-line offerings.
2023
AMD acquired open-source AI software provider Nod.ai to boost its AI capabilities.
Behind the AI wave, AMD hopes to continue climbing this level in the future.
From tech giants to retail titans, Beyond the Ticker is a historical series that takes a deep dive into some Wall Street companies on the move and the transformations they made into the financial icons they are today.
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Editor’s note: This video was created by Zach Faulds.