AMD's technology is featured inside every major next generation gaming console and home entertainment system: Microsoft's Xbox One, Sony's PS4, and Nintendo's Wii U.
AMD FirePro graphics cards are found in Apple's new Mac Pro computer.
For 2013, AMD reported revenues of $5.29 billion and net loss of $83 million.
Lisa Su became the new CEO of AMD in October 2014 after Rory Read stepped down. The company announced it would cut approximately 7% of its entire global workforce or 700 jobs.
On May 1, 1969, Jerry Sanders and seven friends founded Advanced Micro Devices in the living room of one of the co-founders. The company was incorporated with $100,000. Within five years, the company had 1,500 employees making more than 200 different products.
The company would go public in September, 1972. In 1973, AMD opened its first overseas manufacturing base in Penang, Malaysia and began volume production.
The company would open a manufacturing facility in Austin, TX in 1979.
In 2009, AMD and Intel would settle all patent disputes with Intel paying AMD $1.25 billion.
In 2009, AMD spun off its manufacturing division with the creation of GlobalFoundries in a joint venture with Advanced Technology Investment Company of Abu Dhabi.
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Updated October 20, 2014