Designs high-performance processors, graphics chips, and adaptive computing products for data centers, PCs, gaming, and embedded systems.
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Growing
What Advanced does
AMD designs processors, graphics products, AI accelerators, and adaptive computing solutions used in data centers, PCs, gaming, and embedded systems.
Founded
1969
Santa Clara, California
CEO
Lisa Su
Since 2014
Market cap
$1T
#16 in the world
Revenue (FY25)
$34.64B
+34.3% YoY
30-Second Summary
A plain-English explanation of AMD's business model
If you only remember one thing
AMD makes money by designing and selling high-performance computing chips and adaptive computing products. Its major businesses serve data centers and AI, personal computers and gaming, and embedded systems. AMD designs the products while relying on third-party manufacturing partners to produce its semiconductor wafers.
Business Segments
Where Advanced's $34.64B Fiscal year 2025 (ended December 27, 2025) comes from
$34.64B
Fiscal year 2025
48% of revenue ·+32% YoY
42% of revenue ·+51% YoY
10% of revenue ·-3% YoY
AMD reports three segments: Data Center, Client and Gaming, and Embedded. Data Center includes server CPUs, GPUs, and related data center products; Client and Gaming includes Ryzen processors, Radeon graphics, and semi-custom gaming products; Embedded includes adaptive computing and embedded products.
Fiscal year 2025 ended December 27, 2025. Segment values use AMD's reported revenue categories.
Business Model
How Advanced makes money — the ecosystem flywheel
Power Data Centers & AI
Power PCs & Gaming
Strengths & Risks
What makes Advanced strong — and what could go wrong
Data Center Growth
AMD's Data Center revenue reached $16.6B in FY2025, increasing 32% year over year, driven by EPYC processors and Instinct GPUs
AI Computing
AMD is expanding its Instinct accelerator portfolio and AI infrastructure solutions for large-scale computing workloads
Broad Product Portfolio
AMD serves data centers, PCs, gaming, and embedded markets through CPUs, GPUs, accelerators, and adaptive computing products
High-Performance Computing
AMD develops multiple computing architectures and product families that address different performance and workload requirements
Cloud & Enterprise Adoption
AMD EPYC processors and Instinct accelerators are used across cloud and enterprise data center environments
Financial Overview
Fiscal year 2025 (ended December 27, 2025)
$34.64B
+34.3% YoY
FY25
$4.33B
+164.2% YoY
FY25
$6.74B
+180% YoY
FY25
AMD generated $34.6B of revenue in FY2025, up 34% from FY2024. Net income was $4.3B and free cash flow was $6.7B. The latest reported quarter, Q2 2026, generated record revenue of $11.5B, including $6.7B from Data Center.
Financial History
5-year trend, fiscal years 2021–2025
$34.64B
+111% since FY21
Business Ecosystem
Who Advanced depends on — and who depends on Advanced
TSMC
AMD relies on TSMC to manufacture wafers for microprocessor and GPU products using advanced process nodes
Microsoft
AMD computing products are used across cloud and enterprise environments, including Microsoft platforms
OpenAI
AMD announced an agreement with OpenAI to deploy up to 6 gigawatts of next-generation AMD Instinct GPU infrastructure
AMD
The high-performance computing platform
Competitors
Companies that compete with AMD across CPUs, GPUs, AI accelerators, data center infrastructure, and embedded semiconductors. Market cap shown relative to AMD's approximately $1.005T October 2026 snapshot.
NVIDIA
$5.6T
Direct competitor — NVIDIA competes with AMD across data center GPUs, AI accelerators, and accelerated computing
Intel
$634.33B
Direct competitor — Intel competes with AMD across server CPUs, PC processors, and data center computing
Broadcom
$1.6T
Semiconductor competitor — Broadcom overlaps with AMD in data center infrastructure, networking, and embedded semiconductor markets
