History of AMD: Beyond the Tick
Over the past five decades, Advanced Micro Devices, or AMD (AMD), has become a cornerstone of the technology industry.
Let's take a closer look at the semiconductor company's biggest moments Without a Tick.
1969
AMD was founded by Jerry Sanders and a group of seven other people.
1972
The company went public on September 27, 1972, at $15.50 per share, bringing in $7.5 million in cash.
1982
AMD and its biggest rival Intel ( INTC ) have signed a 10-year technology exchange agreement, as part of an agreement to supply chips to IBM ( IBM ).
1991
AMD released the Am386, its version of the Intel 386 microprocessor, which led to a legal battle between the two companies.
1994
AMD made a major deal with Compaq to supply Am486 processors to power Compaq PCs.
1996
AMD bought NexGen for $857 million in stock, to take over Intel's Pentium line of chips.
1999
AMD introduced the Athlon processor, the first 1-GHz microprocessor.
2003
AMD introduced Opteron, the company's first server-oriented processor.
2006
AMD acquired ATI Technologies for $5.4 billion, moving into the business of high-end PC graphics cards and designs.
2009
Intel has agreed to pay AMD $1.25 billion as part of a long-running antitrust battle.
2013
Microsoft ( MSFT ) and Sony ( SONY ) have chosen AMD as the chip supplier for their Xbox One and PS4 game consoles.
2017
AMD has released its new Ryzen line of chips aimed directly at taking on Intel's high-end offerings.
2023
AMD has acquired open source AI software provider Nod.ai to expand its AI capabilities.
After the AI wave, AMD hopes to continue riding this momentum in the future.
From tech giants to retail titans, Without a Tick a historical series that delves deep into some of Wall Street's trendiest companies and how they evolved into the financial icons they are today.
Check out more of us Without a Tick series, and be sure to open Yahoo Finance.
Editor's note: This video was produced by Zach Faulds.
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