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Advanced Micro Devices, Inc. (abbreviated AMD; NYSE: AMD) is an American manufacturer of integrated circuits based in Sunnyvale, California.

It is the second-largest supplier of x86-compatible processors, and a leading supplier of non-volatile flash memory. It was founded in 1969 by a group of defectors from Fairchild Semiconductor, including Jerry Sanders. AMD's current Chairman and CEO is Dr. Héctor Ruiz. The current president and Chief Operating Officer is Dirk Meyer.

AMD is 15th among the Worldwide Top 20 Semiconductor Sales Leaders with revenues in 2005 of $3.9 billion.

AMD is best known for the Athlon, Opteron, Turion 64, Sempron, and Duron lines of x86-compatible processors.

General history

The company started as a producer of logic chips in 1969, then entered the RAM chip business in 1975. That same year, it introduced a reverse-engineered clone of the Intel 8080 microprocessor. During this period, AMD also designed and produced a series of bit-slice processor elements (Am2900, Am29116, Am293xx) which were used in various minicomputer designs.

During this time, AMD attempted to embrace the perceived shift towards RISC with their own AMD 29K processor, and they attempted to diversify into graphics and audio devices as well as flash memory. While the AMD 29K survived as an embedded processor and AMD continues to make industry leading flash memory, AMD was not as successful with its other endeavors. AMD decided to switch gears and concentrate solely on Intel-compatible microprocessors and flash memory. This put them in direct competition with Intel for x86 compatible processors and their flash memory secondary markets.

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