A chip designer that lets others do the building
Advanced Micro Devices, Inc. designs the high-performance chips that run modern computing. AMD develops central processors, graphics processors, networking parts and embedded processors for data centers, artificial-intelligence infrastructure, personal computers, gaming systems and specialized industrial applications. It does not own factories: it engineers the products and pays outside manufacturers such as Taiwan Semiconductor Manufacturing Company to build, assemble, test and package them. AMD earns revenue when customers — cloud providers, computer makers, gamers and industrial firms — adopt these products for demanding workloads. The business reports three parts: Data Center, Client and Gaming, and Embedded, with Data Center now the largest.