Who's who · Chips & compute

AMD

Chipmaker selling Instinct AI GPUs, EPYC server CPUs and rack-scale AI systems

At a glance

Founded
May 1969
Based in
Santa Clara, United States
People
Lisa Su, Chair and chief executive
Known for
Instinct MI400 series, Helios, EPYC
Funding
Public: NASDAQ AMD
Employees
About 31,000 (end 2025)
Quarterly revenue
$11.5B (Q2 2026)
Website
https://www.amd.com

AMD (Advanced Micro Devices) designs processors for data centres, PCs, gaming consoles and embedded systems. In AI it sells Instinct data-centre GPUs, now the MI400 series including the MI455X and MI430X, together with EPYC server CPUs, networking and Helios, a rack-scale system that combines them into a full AI server rack.

AMD was incorporated in May 1969 and became a public company in 1972. It is based in Santa Clara, California, and had about 31,000 employees at the end of 2025. Lisa Su is chair and chief executive.

Its AI business has grown quickly. In October 2025 it agreed to supply OpenAI with 6 gigawatts of Instinct GPUs over several generations, starting with 1 gigawatt of MI450 chips from the second half of 2026, and gave OpenAI a warrant for up to 160 million AMD shares that vests as milestones are met. It has also agreed a partnership with Anthropic to deploy up to 2 gigawatts of MI450 GPUs in Helios racks. In the second quarter of 2026 AMD reported revenue of $11.5 billion, with data-centre revenue more than doubling from a year earlier to $6.7 billion.

Sources

  1. AMD, AMD reports second quarter 2026 financial results, 2026-08-04
  2. AMD / US SEC, Advanced Micro Devices annual report (Form 10-K), fiscal 2025, 2026-02-04
  3. AMD, AMD and OpenAI announce strategic partnership to deploy 6 gigawatts of AMD GPUs, 2025-10-06

Facts last checked 2026-10-02