Advanced Micro Devices

Second-largest computer chip maker.

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Headquarters:
One AMD Place
Sunnyvale, CA 94088
Employees: 16,420
CEO: Hector Ruiz
Stock Symbol: AMD

Website: http://www.amd.com

Career Site

AMD manufactures microprocessors, Flash memory devices, and silicon-based solutions for customers in the communications and computer industries worldwide. AMD is the second-largest chipmaker behind industry giant Intel.

The company is best known for its high-performance Athlon processors in desktop computers and notebooks. It also makes Opteron processors for servers and workstations. The Phenom processor has multi-core performance for gaming, digital media and megatasking.

AMD recently launched its new desktop platform, "Spider," empowering enthusiasts with the ultimate computing experience. Spider combines AMD Phenom quad-core processors, ATI Radeon HD 3800 series graphics processors and the AMD 7-Series chipset.

AMD has manufacturing facilities in the United States, Europe, Japan and Asia, and sales offices in major cities around the globe.

For fiscal 2007, AMD reported revenues of $6.01 billion and net loss of $3.37 billion. 70% of the company's revenue comes from international markets.

In April, the company said it would cut 10% of its workforce or at least 1,600 jobs this year due to weaker than expected sales.

History

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.

Benefits

- Health Care Plans
- Vision Care Discount
- Dental Plans
- Disability Plans
- Basic Life Insurance
- Supplemental Life Insurance
- Accident Insurance Plan
- Business Travel Accident Plan
- Reimbursement Accounts
- Childcare Resource and Referral Service Program
- Employee Assistance Program
- "Feelin' Good!" Program
- Protecting Your Future Security
- Profit Sharing Plan
- Retirement Savings Plan (401(k))
- Stock Purchase Plan
- Educational Assistance Program
- Financial Services
- Vacation
- Holidays
- Sick Pay
- Recognition/Sabbatical Time Off

Updated April 9, 2008