News Posts matching #Fortune 500

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AMD Celebrates its 55th Birthday

AMD is now a 55-year-old company. The chipmaker was founded on May Day, 1969, and traversed practically every era of digital computing to reach where it is today—a company that makes contemporary processors for PCs, servers, and consumer electronics; GPUs for gaming graphics, professional visualization, and the all important AI HPC processors that are driving the latest era of computing. As of this writing, AMD has a market capitalization of over $237 billion, presence in all market regions, and supplies hardware and services to nearly every Fortune 500 company, including every IT giant. Happy birthday, AMD!

Intel Capital Invests $132 Million in 11 Disruptive Technology Startups

Intel Capital, Intel Corporation's global investment organization, announced today new investments totaling $132 million in 11 technology startups. These companies bring to market breakthrough innovations in artificial intelligence (AI), autonomous computing and chip design. The companies joining Intel Capital's portfolio are Anodot, Astera Labs, Axonne, Hypersonix, KFBIO, Lilt, MemVerge, ProPlus Electronics, Retrace, Spectrum Materials and Xsight Labs.

"Intel Capital identifies and invests in disruptive startups that are working to improve the way we work and live. Each of our recent investments is pushing the boundaries in areas such as AI, data analytics, autonomous systems and semiconductor innovation. Intel Capital is excited to work with these companies as we jointly navigate the current world challenges and as we together drive sustainable, long-term growth," said Wendell Brooks, Intel senior vice president and president of Intel Capital.

After a 4 Year Leave, AMD Rejoins the Fortune 500 List

The Fortune 500 lists the top 500 companies in the worold in terms of revenue. These are the most significant movers in the markets, be it of real estate, mining, hedge fund, or semiconductor nature (among others). AMD was "kicked" out of the Fortune 500 back in 2015, when the company was struggling with its Bulldozer-based processors and had an increasingly small marketshare - and thus revenue - that Zen came on to save. Now, thanks to the efforts of everyone involved in the company, they've been listed again on the #460 spot.

The company has been winning minds and wallets when it comes to their CPU solutions in both the mainstream and professional segments, with the company making very important forays into the HPC world mostly thanks to the strength of their CPU lineup - which, in some cases, like with the Frontier Supercomupter (expected to be the world's fastest), can bring wins in the GPU computing department as well. For comparison's sake, Intel stands at a commanding #43, while NVIDIA enjoys a comfortable #268 place.
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Jun 2nd, 2024 03:34 EDT change timezone

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