Year-round
Posted on 8/25/2026
Designs and sells processors, GPUs, accelerators
No salary listed
No H1B Sponsorship
San Jose, CA, USA + 1 more
More locations: Santa Clara, CA, USA
Hybrid
Hybrid or on-site work is required for the full 40-hour weekly term.
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
Anthropic has reportedly signed a $45 billion cloud computing deal with UK-based Nscale, marking one of the largest infrastructure agreements in AI history. The six-year arrangement will provide Anthropic with approximately 460 megawatts of compute capacity at a West Virginia data centre, powered by NVIDIA's Vera Rubin chips and expected online by late 2027. The deal follows a series of major infrastructure commitments, including a $1.25 billion monthly payment to SpaceX through May 2029 for data centre access. Anthropic, which confidentially filed for an IPO in June, currently holds a $965 billion valuation and projects annual revenue growth from $47 billion to $200 billion by 2028. The aggressive expansion aims to address capacity constraints as demand for its Claude AI models surges.
AMD has introduced the Instinct MI455X AI accelerator, featuring 432 gigabytes of HBM4 memory — 50% more than its predecessor, the MI355X, which has 288 GB. The increased capacity allows larger AI models to remain in local memory near the processor. AMD positions the MI455X against Nvidia's Vera Rubin GPUs, claiming 15% better peak performance in one AI math format. The company's rack-scale system, Helios, contains 31 terabytes of HBM4 and is entering production this quarter. However, the expansion comes amid rising memory costs. SK Hynix, the leading high-bandwidth memory maker, reported second-quarter revenue up 257% year over year with a 76% operating margin. AMD has partnered with Anthropic to deploy up to 2 gigawatts of MI450 series chips in Helios racks.
AMD shares have pulled back around 12% from their one-month peak, trading 21% below their 52-week high, despite strong fundamentals driven by AI infrastructure demand. The chipmaker posted 40% revenue growth over the trailing twelve months, significantly outpacing the S&P 500 median of 8.4%. Data centre revenue more than doubled year-over-year, now accounting for 58% of total revenue, fuelled by demand for EPYC processors and Instinct accelerators. Operating cash flow margin reached 24%, ahead of the market median. However, investors face steep valuations, with AMD trading at a price-to-earnings multiple of 115.9 versus the S&P 500 median of 23.5. The company's operating margin of 15.7% trails the market median, whilst its fastest-growing AI business carries below-average gross margins.
Advanced Micro Devices fell approximately 2.9% to $459.24 on Monday as semiconductor stocks declined ahead of Nvidia's earnings report on 26 August. The chipmaker's second-quarter revenue hit a record $11.5 billion, with roughly $6.7 billion from data centres. OpenAI, Meta and Anthropic have placed major orders for AMD accelerators. However, the stock trades at approximately 118 times trailing earnings, with its market price sitting 67.18% above analyst estimates. The decline signals growing investor scrutiny of AI chip valuations. Agreements with major customers must survive years of development and deployment before generating expected returns. Investors are now demanding proof of execution rather than promises.
Advanced Micro Devices and Salesforce are both pivoting heavily towards artificial intelligence, making them key players in the technology sector. AMD designs high-performance computing products for data centres and gaming, benefiting from partnerships with OpenAI and Anthropic. In the fiscal year ended 27 December 2025, AMD's revenue reached nearly $34.6 billion, representing growth of approximately 34.3% year over year. Net income was roughly $4.3 billion, with a net margin of nearly 12.5%. Free cash flow reached close to $6.7 billion. Salesforce provides a unified platform for managing customer relationships. The company recently completed its acquisition of Informatica and reached a definitive agreement to acquire Fin to enhance its AI agent capabilities.