Over the previous 5 a long time, Advanced Micro Devices, or AMD (AMD), has develop into a staple of the expertise trade.
Let’s take a better take a look at the semiconductor firm’s largest moments Beyond the ticker.
1969
AMD was based by Jerry Sanders and a bunch of seven different individuals.
1972
The firm went public on September 27, 1972, at $15.50 per share, for complete proceeds of $7.5 million.
1982
AMD and its foremost competitor Intel (INTC) have signed a 10-year expertise trade settlement, as a part of a deal to produce chips to IBM (IBM).
1991
AMD launched the Am386, its model of the Intel 386 microprocessor, resulting in a authorized battle between the 2 firms.
1994
AMD has signed a significant settlement with Compaq to produce Am486 processors to energy Compaq PCs.
1996
AMD purchased NexGen for $857 million in inventory, to tackle Intel’s Pentium chip line.
1999
AMD launched the Athlon processor, the primary 1GHz microprocessor.
2003
AMD has launched Opteron, the corporate’s first server-oriented processor.
2006
AMD has acquired ATI Technologies for $5.4 billion, pushing itself into the high-end designer and gaming PC graphics card enterprise.
2009
Intel agreed to pay AMD $1.25 billion as a part of the pair’s long-running antitrust battle.
2013
Microsoft (MSFT) and Sony (SONY) have chosen AMD as their chip provider for the Xbox One and PS4 gaming consoles.
2017
AMD has unveiled its new line of Ryzen chips aimed instantly at taking up Intel’s top-of-the-line choices.
2023
AMD has acquired open-source AI software program supplier Nod.ai to spice up its synthetic intelligence capabilities.
Behind the wave of synthetic intelligence, AMD hopes to proceed using this momentum sooner or later.
From tech giants to retail titans, Beyond the ticker is a historic collection that delves into a few of Wall Street’s trendsetting firms and the way they reworked into the monetary icons they’re right this moment.
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Editor’s Note: This video was produced by Zach Faulds.
