AMD's Comeback Story: From Underdog to $174B Semiconductor Leader Through Powerful Chips and Key Acquisitions
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AMD has transformed from an underdog to a leading semiconductor company worth over $174 billion.
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AMD's stock price has increased 5x in the past 5 years as it produces more powerful chips than Intel.
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AMD acquired AI startup Nod.ai, though the terms were undisclosed it seems a small deal compared to others.
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In 2022, AMD spent nearly $2 billion acquiring Pensando and $50 billion on Xilinx.
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With its high valuation and billions in cash, AMD is poised to acquire more companies, especially in AI.