Company Directory - Advanced Micro Devices, Inc.
Company Details - Advanced Micro Devices, Inc.
Advanced Micro Devices, Inc.
WebsiteSanta Clara, USA
ISIN: US0079031078
Advanced Micro Devices, Inc. (AMD) is a multinational semiconductor company that designs and produces computer processors and related technologies for consumer and business markets. The company is known for its innovative microprocessors, graphics cards, and system-on-chip solutions.
CCI Score
CCI Score: Advanced Micro Devices, Inc.
14.93
Latest Event
AMD Benefits from China's New Chip Origin Rule
China's General Administration of Customs implemented a rule basing a chip's country of origin on the location of wafer fabrication. This change exempts U.S.-designed chips by companies like AMD from a 125% tariff, reinforcing the firm's competitive positioning amid escalating trade tensions in the Trump tariff wars.
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SABOTEUR
Advanced Micro Devices, Inc. is currently rated as a Saboteur.
Latest Events
- APR122025
China's General Administration of Customs implemented a rule basing a chip's country of origin on the location of wafer fabrication. This change exempts U.S.-designed chips by companies like AMD from a 125% tariff, reinforcing the firm's competitive positioning amid escalating trade tensions in the Trump tariff wars.
- APR032025
AMD recently completed a $4.9 billion acquisition of ZT Systems to enhance its AI and data center capabilities. The announcement comes amid a turbulent market reaction following President Donald Trump's new tariffs on 'Liberation Day', though the acquisition itself is primarily a strategic business move.
- MAR032025
OpenSecrets' PAC Profile on AMD highlights the company’s involvement in political contributions and lobbying efforts. The report details AMD's financial support channeled through its political action committees, which may indirectly support candidates and policies aligned with authoritarian ideologies. From an anti-fascist perspective, such financial influence raises concerns about the company's complicity in undermining democratic accountability and bolstering authoritarian tendencies.
-40
Political Contributions and Lobbying Efforts
March 27
Data from OpenSecrets reveals that AMD channels considerable financial resources into political contributions and lobbying through its PAC. Such practices are viewed negatively by anti-fascist groups, as they facilitate the support of political candidates and policies that may contribute to the erosion of democratic norms and support emerging authoritarian trends. The financial influence exerted by AMD raises significant concerns about corporate complicity in fostering a political environment favorable to authoritarianism.
- FEB192025
A detailed report from OpenSecrets reveals that Advanced Micro Devices, Inc. spent approximately $706,586 in political contributions and $2,700,000 on lobbying in the 2024 cycle. Additionally, the presence of a revolving door, where a significant portion of AMD’s lobbyists have prior government experience, raises concerns about the company’s influence over public policy in ways that may support authoritarian practices.
-60
Political Contributions and Lobbying Efforts
March 27
The report indicates that AMD’s substantial lobbying expenditure of $2.7M, coupled with political contributions and a high rate of revolving door employment among its lobbyists, suggests that the company actively seeks to influence policy in a manner that could bolster authoritarian interests. Such practices raise serious concerns from a public and political behavior standpoint, highlighting corporate complicity in enabling policies that undermine democratic accountability.
- DEC092024
On December 9, 2024, AMD announced the appointment of Tim Keating as Senior Vice President of Government Relations and Regulatory Affairs. Keating's extensive background in government relations and public policy is expected to enhance AMD's engagement with regulatory and governmental stakeholders as it navigates evolving challenges in the high-performance and AI chip sectors.
+30
Executive Political Engagement
April 4
The appointment of Tim Keating, who brings significant experience in government and public policy roles, indicates AMD's intent to actively engage with governmental and regulatory bodies. This strategic move can foster greater transparency and accountability, ensuring that corporate practices align more closely with democratic oversight and are less susceptible to undemocratic influences.
AMD Appoints Tim Keating as Senior Vice President of Government Relations and Regulatory Affairs
- NOV152024
AMD's decision to cut 4% of its workforce to reallocate resources toward AI and data center markets has raised concerns about its commitment to worker stability and fair labor practices. This restructuring, announced amid strong financial performance, reflects broader trends in the tech industry where profit and strategic growth are prioritized over employment security.
-40
Labor Relations and Human Rights Practices
March 27
The layoffs, which affect approximately 1,000 employees, illustrate a troubling trend where AMD prioritizes high-growth sectors like AI over the stability of its workforce. Despite reporting strong financial results, this decision undermines fair labor practices and reflects a broader pattern in the tech industry of devaluing worker rights in the pursuit of innovation and profit.
- AUG212024
AMD published its 2023-24 Corporate Responsibility Report on August 21, 2024, outlining its progress in environmental sustainability, labor rights, and supply chain ethics. The report highlights initiatives such as significant reductions in carbon emissions, adoption of renewable energy, and education efforts among suppliers—including a Forced Labor Prevention workshop attended by 95% of its manufacturing suppliers—to ensure ethical recruitment and safeguard human rights.
+70
Labor Relations and Human Rights Practices
April 4
AMD's report details that 95% of its manufacturing suppliers across Malaysia, Taiwan, and Japan have received training through the RBA Forced Labor Prevention workshop, demonstrating a strong commitment to labor rights and the prevention of exploitation in its supply chain.
AMD 2023-24 Corporate Responsibility Report: Advancing Sustainability, Collaboration and Inclusion
+65
Supply Chain Ethics
April 4
AMD is actively engaging its global supplier base by providing education and resources on human rights through the forced labor prevention workshops. This proactive approach to responsible sourcing enhances ethical practices within its supply chain.
AMD 2023-24 Corporate Responsibility Report: Advancing Sustainability, Collaboration and Inclusion
+60
Technology and Services Impact
April 4
The report also emphasizes AMD's sustainable technology innovations, such as its energy-efficient chiplet architecture that significantly reduces carbon emissions and water usage, reinforcing a commitment to environmental sustainability and responsible technological practices.
AMD 2023-24 Corporate Responsibility Report: Advancing Sustainability, Collaboration and Inclusion
- DEC312023
Advanced Micro Devices spent $3,320,000 on lobbying efforts in 2023, as detailed by OpenSecrets, highlighting its active engagement in shaping policy through financial influence.
-40
Political Contributions and Lobbying Efforts
April 4
The report indicates that AMD spent $3,320,000 on lobbying in 2023, a figure that underscores its significant investment in influencing policy. From an anti-fascist perspective, such corporate political spending can be seen as contributing to systemic power imbalances and potentially facilitating authoritarian policy shifts by prioritizing corporate interests over democratic accountability.
- DEC312023AMD Lobbying Activity 2023
-26.34
Advanced Micro Devices spent $3,320,000 on lobbying efforts in 2023, an activity that exemplifies its efforts to influence policy. This significant expenditure contributes to shaping regulatory outcomes in favor of corporate interests, potentially undermining democratic processes and facilitating conditions favorable to authoritarian practices.
-30
Political Contributions and Lobbying Efforts
March 27
AMD's lobbying expenditure of $3,320,000 in 2023 is a clear indicator of its efforts to influence public policy and secure favorable outcomes for its business interests. From an anti-fascist perspective, this use of resources to shape political outcomes signifies corporate complicity, as it contributes to an erosion of democratic accountability and may help entrench authoritarian tendencies.
- JAN012023
AMD's recent initiative to partner with its manufacturing suppliers to conduct anonymous surveys in Malaysia and Taiwan demonstrates a proactive approach to enhance worker engagement and transparency in its global supply chain. This effort is aimed at uplifting worker voices and ensuring fair labor practices.
+80
Supply Chain Ethics
March 27
AMD's supply chain responsibility measures, as highlighted by the voluntary and anonymous surveys conducted at facilities in Malaysia and Taiwan during 2023, reflect a strong commitment to ethical sourcing and labor rights. This initiative not only provides valuable insights into the recruitment experience of migrant workers but also demonstrates AMD's dedication to improving conditions in its supply chain, mitigating risks of labor abuses.
- JAN012023
AMD outlines its Supplier Code of Conduct based on the Responsible Business Alliance (RBA) Code, setting clear expectations for its manufacturing suppliers and itself. The policy mandates adherence to international standards in labor, health and safety, environmental practices, and business ethics, reflecting a commitment to ethical supply chain practices and worker rights.
+40
Supply Chain Ethics
April 4
AMD's implementation of a Supplier Code of Conduct, anchored in the internationally recognized RBA Code and other global standards (OECD Guidelines, UN Guiding Principles, ILO Conventions), is a proactive step toward ensuring ethical supply chain practices. By setting labor and environmental standards for its suppliers, AMD promotes corporate responsibility and protects worker rights, supporting anti-authoritarian values.
- JAN012023
In 2023, AMD's global supply chain partners at four facilities in Malaysia and Taiwan conducted voluntary, anonymous surveys in workers’ native languages to gain insights on the recruitment experience of migrant workers, demonstrating a commitment to transparency and empowering worker voice within the supply chain.
+80
Supply Chain Ethics
April 4
AMD's initiative to partner with suppliers to conduct voluntary and anonymous surveys in native languages indicates a proactive effort in enhancing supply chain ethics. By gathering critical data on migrant workers’ recruitment experiences, AMD is promoting transparency and accountability in its supply chain, which is a positive step towards ensuring fair labor practices and mitigating exploitation risks.
- JAN012023
AMD released its 2023 supplier audit summary showing that its manufacturing suppliers performed 15% better than the overall RBA average. The audits, conducted by a third‐party RBA auditor, not only measure adherence to labor, health and safety, environment, ethics, and management systems but also demonstrate high supplier compliance, with 87% of factories earning VAP Recognition. This reinforces AMD’s commitment to robust supply chain ethics and labor rights.
+70
Labor Relations and Human Rights Practices
April 4
AMD’s auditing process, as part of its supplier assessment under the RBA Code of Conduct, reflects a strong commitment to labor relations and human rights practices. The high rate of VAP Recognition among audited factories indicates an emphasis on ensuring safe working conditions and adherence to ethical labor standards.
+80
Supply Chain Ethics
April 4
The supplier audit results demonstrate AMD’s proactive approach in ensuring supply chain transparency and adherence to rigorous ethical standards. Achieving a score significantly higher than industry averages underscores AMD’s commitment to environmental sustainability and ethical sourcing.
- NOV042022
AMD announced a comprehensive initiative to partner with its suppliers to improve human rights, labor practices, and environmental sustainability within its supply chain, as detailed in its Corporate Responsibility Report.
+80
Labor Relations and Human Rights Practices
March 27
AMD demonstrates a strong commitment to labor rights through its efforts to ensure safe working conditions, fair labor practices, and respect for workers’ rights throughout its supply chain. The company's initiatives to require Responsible Business Alliance (RBA) audits and capacity-building for suppliers reflect a proactive approach to improving labor relations.
AMD Partners With Suppliers to Advance Human Rights and Environmental Sustainability
+80
Supply Chain Ethics
March 27
AMD's supply chain ethics are highlighted by its rigorous supplier program, which includes audits, strict contractual requirements, and dedicated training sessions. This initiative emphasizes ethical sourcing and environmental sustainability, positioning AMD as a company that actively works to improve the integrity of its supply chain.
AMD Partners With Suppliers to Advance Human Rights and Environmental Sustainability
- JUN012017
AMD released a detailed statement outlining its comprehensive policies and due diligence measures to prevent forced labor and human trafficking, emphasizing strong commitments to human rights within its operations and supply chain. The statement highlights adherence to international labor standards, mandatory supplier audits, risk assessments, and strict contractual obligations.
+80
Labor Relations and Human Rights Practices
April 4
AMD's statement reinforces its commitment to upholding human rights in its operations. With thorough training, clear policies prohibiting forced labor and human trafficking, and regular audits of manufacturing suppliers, the company demonstrates robust labor relations and human rights practices.
PDF Advanced Micro Devices (AMD) Statement on Human Trafficking and Forced Labor
+75
Supply Chain Ethics
April 4
The statement clearly specifies the company’s proactive steps in ensuring supply chain integrity. AMD employs risk assessments, supplier self-evaluations, and third-party audits as part of its strategy to eliminate forced labor and human trafficking, underscoring strong supply chain ethics.
PDF Advanced Micro Devices (AMD) Statement on Human Trafficking and Forced Labor
- JAN012005
AMD established its Political Action Committee (PAC) in 2005, which is funded exclusively by voluntary employee contributions. The company outlines strict compliance measures and internal policies to ensure that the PAC supports candidates aligned with its public policy priorities without using corporate funds for partisan political activity. This approach is designed to maintain transparency and mitigate risks of authoritarian influence.
+50
Political Contributions and Lobbying Efforts
April 4
AMD's PAC, created in 2005 and funded solely by employee contributions, demonstrates a commitment to ethical political engagement and transparency. The company’s detailed internal controls and adherence to federal laws, including strict policies against using corporate funds for political contributions, help ensure that their political activity does not support authoritarian or fascist ideologies. This practice aligns with progressive, anti-fascist principles by maintaining clear boundaries between corporate money and political influence.
- JAN012005
AMD outlines a comprehensive public policy engagement framework that includes strict prohibitions on using corporate funds for political contributions while allowing voluntary employee participation via the AMD Political Action Committee (established in 2005). The company also emphasizes transparent lobbying disclosures and adherence to federal regulations.
+60
Political Contributions and Lobbying Efforts
April 4
AMD’s detailed public policy engagement demonstrates a commitment to ethical political involvement by explicitly prohibiting the use of corporate funds or company time for political contributions. The establishment of a separate PAC funded by voluntary employee contributions and regular compliance with federal lobbying disclosure further underscores a responsible and transparent approach. Such measures support democratic integrity and ensure that corporate influence remains within ethical bounds.
- JAN012005
In 2005, AMD established a Political Action Committee and has maintained a transparent approach to public policy engagement and lobbying activities. AMD complies with federal, state, and local disclosure laws while using employee-funded contributions for its PAC and participating in trade associations. Although these practices adhere to regulatory standards, the active promotion of corporate interests through political channels can be seen as indirectly supporting structures that may undermine democratic accountability.
+20
Political Contributions and Lobbying Efforts
March 27
AMD’s practices in public policy engagement, particularly through its Political Action Committee and adherence to stringent lobbying disclosure laws, demonstrate a commitment to legal and regulatory compliance. However, by engaging in political lobbying and participating in industry associations to promote corporate interests, AMD may inadvertently contribute to the broader influence of corporate power in politics. This nuanced approach receives a moderately positive score as it is transparent, yet it still plays a part in the intricate dynamics between corporate influence and democratic accountability.
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Corporate Financials
- Revenue
- 2023
- $21.00B
- Total Assets
- 2023
- $19.00B
- Operating Income
- 2023
- $3.80B
- Total Equity
- 2023
- $12.00B
Employees: 16,000
Industries
- 334111
- Electronic Computer Manufacturing
- 334412
- Bare Printed Circuit Board Manufacturing
- 334413
- Semiconductor and Related Device Manufacturing
- 334418
- Printed Circuit Assembly (Electronic Assembly) Manufacturing
- 334510
- Electromedical and Electrotherapeutic Apparatus Manufacturing
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