Full-Time
Posted on 8/2/2026
Designs and sells processors, GPUs, accelerators
No salary listed
No H1B Sponsorship
Santa Clara, CA, USA
In Person
Bachelor's, Master's
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AMD is a semiconductor company that designs and sells processors, graphics cards, and accelerators for a range of customers, including data centers, AI developers, and enterprises. Its products include Ryzen CPUs for desktops, EPYC CPUs for data centers, and Radeon GPUs for gaming and professional visualization. AMD also offers the ROCm software stack and Instinct accelerators to boost AI and machine learning performance. The company earns revenue from hardware sales, technology licensing, and software that optimizes hardware performance. AMD differentiates itself through a broad portfolio that combines high-performance CPUs, GPUs, and AI accelerators, along with software ecosystems that optimize compute workloads. Its goal is to provide scalable, efficient computing power for gaming, data centers, and AI workloads while pursuing responsible corporate practices.
Company Size
10,001+
Company Stage
IPO
Headquarters
Santa Clara, California
Founded
1969
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Hybrid Work Options
AMD shares have surged around 125% in 2026, but the chipmaker's valuation has reached concerning levels compared to rival Nvidia. AMD trades at 124 times trailing earnings versus Nvidia's 31 times, despite slower growth rates. Using 2027 projections, AMD still trades at 34 times earnings whilst Nvidia sits at 17.5 times forward earnings. AMD's Q2 data centre revenue grew 107% year-on-year, but Nvidia achieved 92% growth in its fiscal Q1 and may surpass AMD's rate when it reports results in late August. AMD's diversified business model has resulted in slower overall revenue and earnings growth than Nvidia, despite similar operations in AI infrastructure. The valuation disparity suggests AMD would need 18 months of growth to reach reasonable levels if shares remained flat.
Advanced Micro Devices delivered a 7,000% return over the past decade, turning a $10,000 investment into approximately $724,000, compared to $42,000 from the S&P 500. The chipmaker's revenue grew from $4.3 billion in 2016 to $41.3 billion over the past 12 months, driven primarily by its data centre business. In the second quarter of 2026, AMD's data centre revenue more than doubled year over year to $6.7 billion, representing 58% of total company revenue. The stock's rise came from revenue growth, a shift from losses to profits, and expanded market valuation. However, the journey included volatility. Shares dropped 55% in 2022 alone. At its current $800 billion market value and trading at 124 times earnings, future returns will depend on continued earnings growth rather than valuation expansion.
Advanced Micro Devices shares trade near $483, with options markets pricing a range from roughly $250 to $927 over the next 402 days. This suggests the stock could fall 48% or rise 92%. The range reflects AMD's ongoing business transformation. Data centre revenue now comprises 58% of total revenue after more than doubling year-over-year to $6.7 billion in Q2 2026. Meanwhile, gaming revenue fell 31% to $779 million. Options are actually pricing calmer movement than AMD has delivered, with implied volatility at 62.1% versus realised volatility of 71.6% over the trailing year. The stock returned 180.3% in the past twelve months. AMD's market value of $788 billion sits on $41.31 billion of trailing revenue, roughly nineteen times sales.
Advanced Micro Devices has launched a four-part debt offering to raise between $4 billion and $5 billion, according to details reviewed by Reuters. The offering comprises senior unsecured notes with maturities in 2029, 2031, 2033, and 2036, with initial pricing tied to US Treasuries. AMD plans to use the proceeds for general corporate purposes whilst maintaining its investment-grade ratings. The move reflects a broader trend among semiconductor firms accessing capital markets to fund AI-related investments and data-centre expansions. The debt initiative comes as AMD competes with rivals like Nvidia and Intel to strengthen its AI and data-centre segments.
AMD reported second-quarter revenue of $11.54 billion and adjusted earnings per share of $1.66, both exceeding Wall Street expectations. Despite the beat, shares fell. CEO Lisa Su attributed the results to strong demand for EPYC server CPUs and Instinct accelerators. The data centre segment now accounts for nearly 60% of total revenue. Gaming revenue declined, whilst the embedded segment improved due to networking and aerospace customers. The company provided third-quarter revenue guidance of $13 billion at the midpoint, above analyst estimates of $12.63 billion. Operating margin improved to 17.3%, up from negative 1.7% in the same quarter last year. During the earnings call, analysts questioned the timing of AI accelerator growth, gigawatt-scale deployment visibility, and customer readiness for the upcoming MI400 series.