Monday, December 4, 2006

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

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 was once a leading supplier of non-volatile flash memory. It was founded in 1969 by a group of former executives from Fairchild Semiconductor, including Jerry Sanders, III. 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.

On July 24, 2006, AMD reached an agreement to merge with ATI at a cost of $5.4 billion, subject to ATI shareholder, court, and regulatory approval. The merger closed on October 25, 2006.[1]

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