Advanced Micro Devices (#AMD) Stock Price, Live Chart & Analysis | Trade #AMD

Interesting facts about the #AMD (Advanced Micro Devices)

Advanced Micro Devices does not have its own manufacturing facilities. To create products, the company uses contractor companies such as GlobalFoundries and TSMC. In addition, ADM is working with several strategic partners to improve development and capacity. The partners' list includes HP Inc., IBM, Acer, Dell, Cisco, Nokia, Siemens, Sony, and others.

Like any corporation, Advanced Micro Devices is expanding largely through mergers and acquisitions of other companies from the technology sector. The purchase of Xilinx was one of the largest. The amount of the deal is estimated to be $50 billion. As a result of the merger, Lisa Su became the head of AMD, and representatives of Xilinx joined the board of directors of Advanced Micro Devices.

When trading CFDs, it is important to pay attention to competitors' performance, which can directly or indirectly affect #AMD quotes. These include Intel and Nvidia, as their products are a direct alternative to Advanced Micro Devices.

In 2000, competition between Advanced Micro Devices and Intel led to a protracted lawsuit. AMD has accused Intel of abusing its monopoly position. During the proceedings, it was revealed that from 2002 to 2007, Intel manipulated the opinions of companies, urging them to abandon AMD products in favor of their products, providing bonuses and discounts in return. As a result, the European Commission imposed a fine of $1.25 billion on Intel. AMD managed to achieve justice, which had a positive effect on its reputation. However, the company suffered losses in the form of legal costs.