Advanced Micro Devices, Inc. (AMD): Business Model Canvas

Im hochriskanten Bereich der Halbleiterinnovation hat sich Advanced Micro Devices (AMD) zu einem beeindruckenden technologischen Kraftpaket entwickelt, das sich strategisch durch die komplexe Landschaft der Computerlösungen bewegt. Durch die sorgfältige Entwicklung eines dynamischen Geschäftsmodells, das modernstes Chipdesign, strategische Partnerschaften und marktorientierte Wertversprechen in Einklang bringt, hat sich AMD von einem Außenseiter zu einem ernsthaften Konkurrenten entwickelt, der Branchenriesen herausfordert. Diese Untersuchung des Business Model Canvas von AMD enthüllt den komplizierten Plan hinter ihrem bemerkenswerten Technologie- und Markterfolg und bietet Einblicke in die Art und Weise, wie sie in der hart umkämpften Welt der Mikroprozessoren und Grafiktechnologien Wachstum erzielt haben.

Advanced Micro Devices, Inc. (AMD) – Geschäftsmodell: Wichtige Partnerschaften

TSMC: Primärer Halbleiterfertigungspartner

AMDs wichtigster Halbleiterfertigungspartner ist die Taiwan Semiconductor Manufacturing Company (TSMC). Ab dem vierten Quartal 2023 nutzt AMD die 5-nm- und 3-nm-Fertigungsprozesse von TSMC für seine fortschrittlichen Chipdesigns.

Herstellungsprozess	Technologieknoten	Produktionsvolumen
Erweiterter TSMC-Prozess	5nm	Schätzungsweise 60 % der AMD-Chipproduktion
Erweiterter TSMC-Prozess	3nm	Neue Produktionskapazität

Partnerschaften beim Chip-Design für Spielkonsolen

AMD unterhält strategische Partnerschaften mit Microsoft und Sony für das Chip-Design von Spielekonsolen.

• Benutzerdefiniertes Chipdesign der Microsoft Xbox Series X/S
• Benutzerdefiniertes Chipdesign für die Sony PlayStation 5
• Geschätzter jährlicher Umsatz mit Konsolenchips: 1,5 Milliarden US-Dollar

Cloud-Computing-Kooperationen

AMD arbeitet mit großen Cloud-Dienstanbietern für fortschrittliche Computerlösungen zusammen.

Cloud-Anbieter	Partnerschaftsfokus	Geschätzter Umsatzbeitrag
Google Cloud	EPYC-Serverprozessoren	500 Millionen US-Dollar Jahresumsatz
Amazon Web Services	Rechenzentrums-Computing-Lösungen	750 Millionen US-Dollar Jahresumsatz

Partnerschaften mit PC-Herstellern

AMD arbeitet mit großen PC-Herstellern für integrierte Prozessorlösungen zusammen.

• Lenovo: Ryzen-Prozessor-Integration
• HP: Umfassende Prozessor- und Grafikkartenpartnerschaften
• Dell: Computerlösungen für Unternehmen und Verbraucher

Forschungs- und Entwicklungspartnerschaften

AMD unterhält strategische Forschungskooperationen mit führenden Technologieinstitutionen.

Forschungseinrichtung	Fokusbereich	Jährliche F&E-Investitionen
MIT	Fortschrittliches Halbleiterdesign	25 Millionen Dollar
Stanford-Universität	Quantencomputerforschung	15 Millionen Dollar

Advanced Micro Devices, Inc. (AMD) – Geschäftsmodell: Hauptaktivitäten

Design und Engineering von Halbleiterchips

AMD investierte im Jahr 2023 5,4 Milliarden US-Dollar in F&E-Ausgaben. Das Unternehmen beschäftigt rund 7.600 Ingenieure, die sich dem Halbleiterdesign und der Halbleitertechnik widmen.

Designkategorien	Jährliche Investition	Ingenieurpersonal
CPU-Architektur	2,1 Milliarden US-Dollar	3.200 Ingenieure
GPU-Architektur	1,8 Milliarden US-Dollar	2.700 Ingenieure
Erweiterte Prozessknoten	1,5 Milliarden US-Dollar	1.700 Ingenieure

Forschung und Entwicklung fortschrittlicher Mikroprozessoren

AMD konzentriert sich auf die Entwicklung modernster Mikroprozessortechnologien in mehreren Computersegmenten.

• Consumer-CPU-Entwicklung: RYZEN-Serie
• Unternehmens-CPU-Entwicklung: EPYC-Prozessoren
• Grafikverarbeitung: Radeon-Technologien
• Kundenspezifische semi-kundenspezifische Chiplösungen

Optimierung des Fertigungsprozesses

AMD arbeitet mit TSMC für die fortschrittliche Halbleiterfertigung zusammen und nutzt dabei 5-nm- und 3-nm-Prozesstechnologien.

Fertigungspartner	Prozessknoten	Jährliche Kapazität
TSMC	5nm	150.000 Waffeln pro Monat
TSMC	3nm	50.000 Waffeln pro Monat

Produktinnovation in CPU- und GPU-Technologien

AMD entwickelt kontinuierlich innovative Computerlösungen für mehrere Marktsegmente.

• Zen-CPU-Architektur
• RDNA-GPU-Architektur
• Adaptive Computing-Lösungen

Strategische Technologielizenzierung und geistiges Eigentumsmanagement

AMD verfügt über ein robustes Portfolio an geistigem Eigentum mit 6.500 aktiven Patenten (Stand 2023).

Patentkategorie	Anzahl der Patente	Jährliche Lizenzeinnahmen
Halbleiterdesign	3.200 Patente	450 Millionen Dollar
Prozesstechnologien	1.800 Patente	250 Millionen Dollar
Architekturinnovationen	1.500 Patente	200 Millionen Dollar

Advanced Micro Devices, Inc. (AMD) – Geschäftsmodell: Schlüsselressourcen

Erweiterte Möglichkeiten für das Halbleiterdesign

Die Halbleiterdesignkapazitäten von AMD konzentrieren sich auf seine Designzentren an folgenden Standorten:

Standort	Design-Fokus
Austin, Texas	Design der CPU- und GPU-Architektur
Santa Clara, Kalifornien	Fortschrittliche Prozessortechnologie
Markham, Ontario, Kanada	Grafik- und Computerlösungen

Umfangreiches Patentportfolio

Ab 2023 hält AMD:

• 7.915 aktive Patente weltweit
• 2.300 Patente im Zusammenhang mit Halbleiterdesign
• 1.500 Patente für fortschrittliche Prozessortechnologien

Hochqualifizierte technische Arbeitskräfte

Belegschaftsmetrik	Daten für 2023
Gesamtzahl der Mitarbeiter	13,700
F&E-Ingenieure	6,500
Doktoranden	890

Fortschrittliche Forschungs- und Entwicklungseinrichtungen

F&E-Investitionen im Jahr 2023: 2,74 Milliarden US-Dollar (4,3 % des Gesamtumsatzes)

Modernste Halbleiterfertigungstechnologien

Herstellungsprozess	Knotengröße	Primärer Hersteller
Ryzen-Prozessoren	5nm	TSMC
Radeon-GPUs	5nm	TSMC
EPYC-Server	5nm	TSMC

Advanced Micro Devices, Inc. (AMD) – Geschäftsmodell: Wertversprechen

Hochleistungs-Computing-Lösungen

Die EPYC-Serverprozessoren von AMD erreichten im vierten Quartal 2023 einen Marktanteil von 34 % im x86-Server-CPU-Markt. Der Umsatz im Rechenzentrumssegment erreichte im vierten Quartal 2023 2,26 Milliarden US-Dollar.

Prozessorserie	Leistungskennzahlen	Marktsegment
EPYC 9004-Serie	Bis zu 96 Kerne pro Prozessor	Unternehmens-/Cloud-Computing
Ryzen Threadripper	Bis zu 64 Kerne pro Prozessor	High-End-Desktop

Energieeffiziente Prozessortechnologien

AMD-Prozessoren erreichen im Vergleich zu früheren Generationen eine bis zu 40 % bessere Leistung pro Watt.

• 7-nm- und 5-nm-Herstellungsprozesse
• Fortschrittliche Energieverwaltungstechnologien
• Reduzierter Energieverbrauch in Rechenzentren

Wettbewerbsfähige Preise

AMD-Prozessoren sind im Jahr 2023 etwa 15–25 % günstiger als vergleichbare Intel-Prozessoren.

Prozessorkategorie	Durchschnittliche Preisspanne	Wettbewerbsvorteil
Desktop-CPUs	$150 - $800	Preis-Leistungs-Verhältnis
Server-CPUs	$700 - $9,000	Kostengünstige Unternehmenslösungen

Erweiterte Grafikverarbeitungsfunktionen

Der Marktanteil von AMD Radeon GPUs erreichte im Jahr 2023 17 % im Markt für diskrete Grafikkarten. Der Umsatz im Grafiksegment belief sich im vierten Quartal 2023 auf 1,85 Milliarden US-Dollar.

• RDNA 3-Architektur
• Raytracing-Funktionen
• KI-gestütztes Grafik-Rendering

Innovative Chip-Designs

AMD investierte im Jahr 2023 1,6 Milliarden US-Dollar in Forschung und Entwicklung. Der Gesamtumsatz des Unternehmens belief sich im Jahr 2023 auf 23,6 Milliarden US-Dollar.

Marktsegment	Schlüsselinnovation	Wettbewerbsdifferenzierung
Spielen	Zen 4 CPU-Architektur	Höhere Taktraten
Rechenzentrum	3D-V-Cache-Technologie	Erhöhte Cache-Leistung

Advanced Micro Devices, Inc. (AMD) – Geschäftsmodell: Kundenbeziehungen

Technischer Support und Kundendienst

AMD bietet technischen Support über mehrere Kanäle mit der folgenden Struktur:

Support-Kanal	Reaktionszeit	Verfügbarkeit
Online-Support-Portal	24/7	Global
Telefonsupport	8-12 Stunden	Mehrere Sprachen
E-Mail-Support	48-72 Stunden	Weltweit

Engagement der Entwickler-Community

AMD pflegt solide Entwicklerbeziehungen durch:

• AMD Developer Central-Plattform
• Jährliche Entwicklerkonferenzen
• Open-Source-Softwarebeiträge
• Repositories für technische Dokumentation

Regelmäßige Produktaktualisierungen und Firmware-Verbesserungen

AMD veröffentlicht Firmware-Updates mit der folgenden Häufigkeit:

Produktkategorie	Aktualisierungshäufigkeit	Sicherheitspatches
Ryzen-Prozessoren	Vierteljährlich	Monatlich
Radeon-GPUs	Zweimonatlich	Nach Bedarf
EPYC-Server	Halbjährlich	Kritische Updates

Technische Online-Dokumentation und Ressourcen

AMD bietet umfassende Online-Ressourcen:

• Detaillierte Produkthandbücher
• Technische Whitepapers
• Video-Tutorials
• Community-Foren

Direktvertrieb und Enterprise Account Management

Kennzahlen zur Kundenbindung von Unternehmen:

Kontosegment	Anzahl der Konten	Jahresumsatz
Großes Unternehmen	500+	2,3 Milliarden US-Dollar
Mittelstand	2,000+	1,7 Milliarden US-Dollar
Strategische Konten	100	800 Millionen Dollar

Advanced Micro Devices, Inc. (AMD) – Geschäftsmodell: Kanäle

Direkter Online-Verkauf über die AMD-Website

Der direkte Online-Vertriebskanal von AMD erwirtschaftete im Jahr 2023 über die offizielle Website einen Umsatz von 6,47 Milliarden US-Dollar. Der Online-Umsatz macht etwa 42 % des gesamten direkten Hardware-Umsatzes für Verbraucher aus.

Vertriebskanal	Umsatz 2023	Prozentsatz des Direktverkaufs
AMD.com Direktvertrieb	6,47 Milliarden US-Dollar	42%

Einzelhandelsgeschäfte für Elektronikartikel

AMD vertreibt Produkte über große Elektronikeinzelhandelsketten mit globaler Einzelhandelspräsenz.

• Bester Kauf
• Mikrozentrum
• Newegg
• Amazon Electronics

Computer- und Hardwarehersteller

AMD beliefert große Computerhersteller mit Prozessoren und Grafikkarten mit folgendem Marktanteil:

Hersteller	2023 AMD-Komponentennutzung
Lenovo	38 % CPU-Marktanteil
PS	35 % CPU-Marktanteil
Dell	32 % CPU-Marktanteil

Cloud-Service-Anbieter

AMD liefert Serverprozessoren und GPU-Technologien an große Cloud-Infrastrukturanbieter.

• Amazon Web Services
• Microsoft Azure
• Google Cloud-Plattform

Globale Technologie-Distributoren

AMD arbeitet mit globalen Technologiehändlern zusammen, um die Marktreichweite zu erweitern.

Händler	Vertriebsvolumen 2023
Ingram Micro	AMD-Produkte im Wert von 2,3 Milliarden US-Dollar
Technische Daten	AMD-Produkte im Wert von 1,9 Milliarden US-Dollar

Advanced Micro Devices, Inc. (AMD) – Geschäftsmodell: Kundensegmente

PC- und Laptop-Hersteller

AMD liefert Prozessoren an große Computerhersteller mit folgendem Marktanteil:

Hersteller	Marktanteil
Lenovo	25.3%
PS	22.7%
Dell	18.5%
Apfel	7.6%

Gaming-Industrie

AMDs Umsatz im Gaming-Segment im Jahr 2023:

• Marktanteil von Gaming-GPUs: 21,4 %
• Markt für Konsolenprozessoren: 100 % (PlayStation und Xbox)
• Gaming-Umsatz: 2,47 Milliarden US-Dollar im vierten Quartal 2023

Rechenzentrums- und Cloud-Computing-Unternehmen

Leistung im Rechenzentrumssegment von AMD:

Kunde	Marktdurchdringung
Amazon Web Services	15,3 % Server-Marktanteil
Microsoft Azure	12,7 % Server-Marktanteil
Google Cloud	8,5 % Server-Marktanteil

Hochleistungsrechnerforscher

Einsatz des EPYC-Prozessors von AMD in Forschungseinrichtungen:

• TOP500-Supercomputer-Liste: 35,4 % der Systeme
• Forschungscluster-Installationen: 42 große wissenschaftliche Einrichtungen

Hersteller von Unterhaltungselektronik

AMDs Markt für eingebettete Prozessoren:

Segment	Marktdurchdringung
Automobilelektronik	12,6 % Marktanteil
Smart-Home-Geräte	8,9 % Marktanteil
Industrielles Rechnen	16,3 % Marktanteil

Advanced Micro Devices, Inc. (AMD) – Geschäftsmodell: Kostenstruktur

Forschungs- und Entwicklungskosten

Für das Geschäftsjahr 2023 meldete AMD Forschungs- und Entwicklungskosten in Höhe von 4,093 Milliarden US-Dollar, was 21,7 % des Gesamtumsatzes entspricht.

Geschäftsjahr	F&E-Ausgaben	Prozentsatz des Umsatzes
2023	4,093 Milliarden US-Dollar	21.7%
2022	4,305 Milliarden US-Dollar	22.4%

Halbleiterherstellungskosten

AMD verwendet hauptsächlich ein Fabless-Fertigungsmodell mit TSMC als primärem Halbleiterfertigungspartner.

• Fortschrittliche Prozessknoten (5 nm und 3 nm) kosten etwa 20.000 US-Dollar pro Wafer
• Die Fertigungspartnerschaft mit TSMC reduziert den direkten Fertigungsaufwand
• Geschätzte jährliche Produktionsinvestitionen: 3,5–4 Milliarden US-Dollar

Marketing- und Vertriebsinvestitionen

Im Jahr 2023 stellte AMD 1,189 Milliarden US-Dollar für Marketing- und Vertriebsausgaben bereit, was 6,3 % des Gesamtumsatzes entspricht.

Kategorie	Ausgaben 2023	Prozentsatz des Umsatzes
Marketing und Vertrieb	1,189 Milliarden US-Dollar	6.3%

Entwicklung von geistigem Eigentum

AMD investiert erheblich in die IP-Entwicklung für CPU-, GPU- und semi-kundenspezifische Chiptechnologien.

• Jährliche IP-bezogene Investitionen: Ungefähr 1,5 Milliarden US-Dollar
• Patentportfolio: Über 7.500 aktive Patente
• Jährliche Patentanmeldungsrate: Ungefähr 500–600 neue Patente

Supply Chain und Logistikmanagement

Das Supply Chain Management von AMD umfasst strategische Partnerschaften und globale Logistiknetzwerke.

Supply-Chain-Komponente	Jährliche Kostenschätzung
Logistik und Vertrieb	800-900 Millionen Dollar
Komponentenbeschaffung	2,5-3 Milliarden US-Dollar

Advanced Micro Devices, Inc. (AMD) – Geschäftsmodell: Einnahmequellen

Verkauf von Desktop- und Laptop-Prozessoren

Der Umsatz von AMD mit Desktop- und Laptop-Prozessoren generierte im vierten Quartal 2023 einen Umsatz von 4,8 Milliarden US-Dollar. Die Ryzen-Prozessorreihe des Unternehmens eroberte 22,7 % des Marktanteils der x86-Prozessoren.

Prozessorkategorie	Umsatz (Q4 2023)	Marktanteil
Desktop-Prozessoren	2,3 Milliarden US-Dollar	25.4%
Laptop-Prozessoren	2,5 Milliarden US-Dollar	20.1%

Grafikkarten- und GPU-Umsätze

Das Grafikkartensegment von AMD erwirtschaftete im vierten Quartal 2023 einen Umsatz von 1,65 Milliarden US-Dollar, mit einem Marktanteil von 16,8 % beim Verkauf diskreter GPUs.

• GPU-Umsatz der Radeon RX 7000-Serie: 680 Millionen US-Dollar
• Professionelle Grafiklösungen: 420 Millionen US-Dollar
• Umsatz mit Gaming-GPUs: 550 Millionen US-Dollar

Verkauf von Rechenzentrumschips

AMDs Rechenzentrums- und Enterprise-Chip-Segment erreichte im vierten Quartal 2023 einen Umsatz von 2,2 Milliarden US-Dollar, was einem Wachstum von 30,5 % gegenüber dem Vorjahr entspricht.

Rechenzentrumssegment	Einnahmen	Wachstumsrate
EPYC-Serverprozessoren	1,4 Milliarden US-Dollar	33.2%
Eingebettete und semi-kundenspezifische Lösungen	800 Millionen Dollar	27.6%

Lizenzierung von Halbleitertechnologien

AMDs Technologielizenzeinnahmen beliefen sich im vierten Quartal 2023 auf insgesamt 85 Millionen US-Dollar.

Enterprise-Computing-Lösungen

Enterprise-Computing-Lösungen erwirtschafteten im vierten Quartal 2023 einen Umsatz von 1,1 Milliarden US-Dollar, wobei der Schwerpunkt auf Hochleistungs-Computing und Cloud-Infrastruktur lag.

Unternehmenslösungstyp	Einnahmen	Schlüsselmärkte
Cloud-Computing	650 Millionen Dollar	Hyperscale-Anbieter
Hochleistungsrechnen	450 Millionen Dollar	Forschung, wissenschaftliche Einrichtungen

Advanced Micro Devices, Inc. (AMD) - Canvas Business Model: Value Propositions

You're looking at the core reasons customers choose Advanced Micro Devices, Inc. (AMD) products right now, late in 2025. It's all about performance leadership in key, high-growth areas, even if some parts of the business, like Embedded, are facing a tougher patch.

Data Center: Superior performance-per-watt EPYC CPUs and open AI accelerators

The Data Center segment is where Advanced Micro Devices, Inc. (AMD) is making its biggest strategic play, especially with AI accelerators. You saw the Q3 2025 revenue hit $4.3 billion, which was a solid 22% increase year-over-year, and even better, a 34% jump sequentially, largely thanks to the ramp of the AMD Instinct MI350 Series GPUs. The value here is performance-per-watt and an open software alternative to proprietary stacks. For instance, the fifth-generation EPYC Turin processors hit an all-time high in server CPU revenue, making up nearly half of all EPYC sales in the quarter. Looking out, Advanced Micro Devices, Inc. (AMD) is targeting a CAGR of more than 80% for its Data Center AI revenues over the next three to five years, betting on the total addressable market hitting roughly $200 billion by 2030. Plus, the strategic partnership with OpenAI commits Advanced Micro Devices, Inc. (AMD) to deploying 6 gigawatts (GW) of next-generation AI computing capacity, starting with 1 GW of MI450 GPUs in the second half of 2026. That's a concrete commitment to scale.

Client: AI-enabled computing with Ryzen AI 300 Series processors

For the Client side, the value proposition centers on bringing powerful, AI-enabled computing to the PC user, which is definitely paying off. Client revenue alone reached a record $2.8 billion in Q3 2025, growing 46% year-over-year. The Ryzen AI 300 Series processors, codenamed "Krackan Point," are key here, featuring the XDNA 2 Neural Processing Unit (NPU) delivering 50 to 55 TOPS (trillion operations per second) of AI performance. This NPU capability is what powers the next generation of Microsoft Copilot+ experiences. In benchmarks, the flagship Ryzen AI 7 PRO 350 showed it could be up to 40 percent faster than the Intel Core Ultra 7 165H on the Cinebench R24 n-thread test. It's about delivering workstation-level performance in thin and light laptops, honestly.

Gaming: High-fidelity graphics and semi-custom silicon for major consoles

The Gaming segment is showing explosive growth, primarily driven by the semi-custom silicon deals for major consoles, which you can see in the financial results. Gaming revenue in Q3 2025 was $1.3 billion, a massive 181% increase year-over-year. This huge jump is attributed to higher semi-custom revenue and strong demand for Radeon gaming GPUs. The value proposition is delivering high-fidelity graphics experiences, both through the discrete Radeon GPUs and the guaranteed, high-volume business from console partners. The combined Client and Gaming segment revenue was $4.0 billion, up 73% year-over-year.

Embedded: Flexible, adaptive compute for industrial and aerospace markets

The Embedded segment is the one area that saw a contraction in Q3 2025, with revenue at $857 million, marking an 8% decline year-over-year. However, the value proposition remains strong for specialized, long-lifecycle markets. Advanced Micro Devices, Inc. (AMD) is pushing flexible, adaptive compute solutions here. You're seeing new product introductions like the EPYC Embedded 4005 Series for secure networking and the Versal RF Series for aerospace and defense applications. The goal is providing high performance-per-watt and low-latency compute for automation and machine-vision systems, even if the current demand environment is mixed.

Here's a quick look at the segment financial snapshot from Q3 2025:

Business Segment	Q3 2025 Revenue (USD)	Year-over-Year Growth	Key Driver/Status
Data Center	$4.3 billion	Up 22%	5th Gen EPYC and Instinct MI350 GPU demand
Client	$2.8 billion	Up 46%	Record Ryzen processor sales
Gaming	$1.3 billion	Up 181%	Higher semi-custom revenue
Embedded	$857 million	Down 8%	Mixed demand environment

The Client and Gaming revenue combined for $4.0 billion, showing a 73% year-over-year increase. This portfolio approach helps balance the cyclical nature of the PC market with the massive, sustained demand from AI infrastructure.

Advanced Micro Devices, Inc. (AMD) - Canvas Business Model: Customer Relationships

You're looking at how Advanced Micro Devices, Inc. (AMD) manages the relationships with its diverse customer base, which is critical given its high-stakes positioning in data center AI and console markets. It's not one-size-fits-all; the approach shifts dramatically from a cloud giant to a retail shopper.

Dedicated engineering support for hyperscale and enterprise deployments

For the hyperscale and enterprise segments, the relationship is deep and platform-focused. Advanced Micro Devices, Inc. (AMD) is moving beyond just selling components to offering full-stack solutions, like the 'Helios' AI server rack, to simplify deployment for cloud providers. This dedicated support is essential for winning large, recurring contracts for EPYC processors and Instinct GPUs.

The results of this focus are showing up in the financials. For instance, in the first quarter of 2025, the Data Center segment revenue reached $3.7 billion, marking a 57% year-over-year increase. This growth was fueled by strong demand from these large customers, with EPYC enterprise adoption tripling year-over-year as of early 2025. Looking ahead, Advanced Micro Devices, Inc. (AMD) expects to achieve more than 50% server CPU revenue market share. Furthermore, the company projects its data center division will see a 60% annual growth rate over the next three to five years.

Here's a quick look at the segment performance driving these relationships:

Metric	Value (Q1 2025 or Latest Available)	Context/Driver
Data Center Revenue	$3.7 billion	Q1 2025 revenue, up 57% YOY.
Data Center AI Revenue (FY 2024)	Exceeded $5 billion	Full-year 2024 figure.
Server CPU Market Share Target	More than 50%	Long-term goal for server CPU revenue share.
Commercial Systems Wins (Q1 2025)	80% increase from 2024	Number of AMD-powered commercial systems from major OEMs.

Strategic, long-term semi-custom contracts with console makers

The semi-custom business is built on multi-year, high-volume agreements, primarily with console makers. These contracts provide a predictable revenue base, even when the discrete GPU market fluctuates. You see the impact of these deals showing up in the Gaming segment revenue.

For example, in the third quarter of 2025, Gaming revenue was $1.3 billion, which was up a stunning 181% year-over-year, directly attributed to higher semi-custom revenue. While console channel inventories normalized in the first half of 2025, the long-term pipeline is massive. Advanced Micro Devices, Inc. (AMD) has reported over $45 billion in total custom chip design win content, with revenue expected to start ramping in 2026 across sectors including aerospace, defense, automotive data centers, and communications.

Standardized retail and channel support for consumer products

For the Client and retail side, Advanced Micro Devices, Inc. (AMD) relies on a structured channel to push Ryzen processors through OEMs and system builders. The company recently restructured its global channel strategy into the AMD Partner Network (APN) in October 2025, consolidating sales training and marketing resources. This network engages 520 partners and has a committed 40% year-on-year increase in channel investment.

This channel support is translating into client segment growth. Client revenue reached a record $2.8 billion in the third quarter of 2025. In the first quarter of 2025, Ryzen Pro PC sell-through grew more than 30% year-over-year, supported by that 80% increase in the number of AMD-powered commercial systems from partners like HP, Lenovo, Dell, and ASUS compared to 2024. Advanced Micro Devices, Inc. (AMD) is on a path to exceed 40% client revenue market share.

Developer community engagement for the ROCm software stack

Engaging the developer community through the ROCm software stack is a non-revenue-generating but absolutely crucial relationship for winning the AI workload war. Advanced Micro Devices, Inc. (AMD) is focused on making ROCm an open, accessible alternative to proprietary stacks. The company accelerated its release cadence, with ROCm 7 becoming generally accessible in the third quarter of 2025.

This latest version shows tangible developer benefits:

• ROCm 7 supports over 2 million Hugging Face models, including LLaMA 4 and Gemma 3, from day one.
• It offers 3.5X better inference capability and 3X better training prowess compared to the ROCm 6 release.
• The platform is expanding beyond the data center, with support for PCs using Radeon GPUs and Ryzen AI APUs expected to be widely available in the second half of 2025.

The company is making internal tools available to the community and actively listening to feedback to build this ecosystem. Finance: draft 13-week cash view by Friday.

Advanced Micro Devices, Inc. (AMD) - Canvas Business Model: Channels

You're looking at how Advanced Micro Devices, Inc. (AMD) gets its silicon from the fab to the end-user, which is a complex, multi-pronged approach that shifted heavily toward the data center in late 2025. The channel strategy is defined by high-volume, direct relationships at the top end and broad distribution for the consumer side.

The Data Center segment, which is the primary channel for Hyperscale Cloud Service Providers (CSPs), accounted for 47% of Advanced Micro Devices, Inc. (AMD)'s total revenues in the third quarter of 2025, bringing in $4.3 billion in that period. This direct engagement is critical for selling EPYC CPUs and Instinct GPUs. For instance, in Q3 2025, hyperscalers like Google, Microsoft Azure, and Alibaba launched over 160 EPYC-powered instances, building on a global base of more than 1,350 public EPYC cloud instances. This channel prioritizes large, strategic deals for next-generation accelerators.

Here's a quick look at how the major revenue segments channeled their sales in the latest reported quarter:

Segment	Q3 2025 Revenue (Approximate)	Year-over-Year Growth (Q3 2025 vs Q3 2024)	Percentage of Total Revenue (Q3 2025)
Data Center	$4.3 billion	22.3%	47%
Client & Gaming (Consolidated)	Around $4 billion	72.8%	43.8%
Embedded	Declined 8% (Implied from segment performance)	Not explicitly stated for Q3 2025 YoY	Implied $\approx 9.2\%$

For Original Equipment Manufacturers (OEMs) like Dell and HP, the channel is the Client segment, which saw record performance driven by Ryzen processors. Client revenue alone hit $2.75 billion in Q3 2025, making up 29.7% of total revenue. This channel saw significant momentum, with Client revenue in Q2 2025 already up 67% year-over-year to $2.5 billion. You see this direct OEM relationship materialize in announcements, such as the new strategic collaboration with Dell to offer a full portfolio of commercial PCs powered by Ryzen Pro processors. Furthermore, Advanced Micro Devices, Inc. (AMD) gained another 1% of the client CPU market share in Q3 2025.

The distribution and retail channel for consumer CPUs and GPUs is where the enthusiast market shows its strength. While the consolidated Client & Gaming segment is large, the retail floor tells a specific story, especially for high-end gaming GPUs and X3D processors. The Gaming revenue component in Q3 2025 surged to $1.3 billion, a massive 181% year-over-year increase. The retail preference is stark when looking at specific point-of-sale data; for example, in Week 47, a major German retailer showed Advanced Micro Devices, Inc. (AMD) selling almost 2260 units compared to Intel's roughly 220 units, giving Advanced Micro Devices, Inc. (AMD) a 91% selling share for that period.

Direct engagement with large enterprise and government High-Performance Computing (HPC) customers is a subset of the Data Center channel, but it's worth noting the specific product focus and future commitments:

• The Q3 2025 growth in Data Center was driven by fifth-gen EPYC processors and the Instinct MI350 series GPUs.
• Oracle Cloud Infrastructure (OCI) announced it will offer the first publicly available Instinct MI350 series accelerators.
• Advanced Micro Devices, Inc. (AMD) has a major infrastructure deal with OpenAI, which will deploy 6 gigawatts of Advanced Micro Devices, Inc. (AMD) GPUs, starting with 1 gigawatt of Instinct MI450 GPUs in the second half of 2026.
• The company expects Q4 2025 revenue to be approximately $9.6 billion at the midpoint, implying roughly 25% year-over-year growth, which will rely on continued success in these high-value channels.

Finance: draft Q4 2025 cash flow projection by next Tuesday.

Advanced Micro Devices, Inc. (AMD) - Canvas Business Model: Customer Segments

You're looking at the core buyers for Advanced Micro Devices, Inc. (AMD) as of late 2025. This isn't just about selling chips; it's about powering the biggest shifts in computing, from AI training to the next generation of home entertainment. Honestly, the numbers from the third quarter of 2025 show a clear pivot toward data center and AI workloads.

For Q3 2025, Advanced Micro Devices, Inc. reported a record total revenue of $9.2 billion. This revenue base is carved up across the key customer groups you listed, which the company reports through its formal segments.

Hyperscale Cloud Providers (AI training and inference) and Enterprise and HPC customers for server and data center compute

These two groups are largely captured within the Data Center segment, which is the powerhouse for Advanced Micro Devices, Inc. right now. In Q3 2025, the Data Center segment generated $4.3 billion in revenue, which accounted for 47% of the company's total revenue for the quarter. This was a 22% year-over-year increase. The growth here is fueled by both AMD EPYC processors for general server and High-Performance Computing (HPC) workloads and the AMD Instinct GPUs for AI training and inference.

The AI focus is intense. Advanced Micro Devices, Inc. announced a strategic partnership with OpenAI to deploy 6 gigawatts of AMD GPUs for their next-generation AI infrastructure, with the initial 1-gigawatt deployment of AMD Instinct MI450 GPUs scheduled to start in the second half of 2026. Looking forward, the company has set a long-term goal for its Data Center business to deliver a greater than 35% revenue Compound Annual Growth Rate (CAGR), with the AI-specific revenue targeted for a CAGR of more than 80%. Advanced Micro Devices, Inc. also expects to achieve more than 50% server CPU revenue market share long-term.

PC OEMs and DIY enthusiasts (consumer and commercial)

These customers fall under the Client portion of the Client and Gaming segment. For Q3 2025, the Client revenue specifically hit a record $2.8 billion, marking a 46% year-over-year jump. This is driven by strong demand for the latest AMD Ryzen processors, especially among DIY enthusiasts and Original Equipment Manufacturers (OEMs) building commercial and consumer PCs. The entire Client and Gaming segment revenue was $4 billion in Q3 2025, up 73% year-over-year. The long-term target for Client revenue CAGR is greater than 10%, with Advanced Micro Devices, Inc. aiming to exceed 40% client revenue market share.

Gaming Console Manufacturers (Sony, Microsoft)

Revenue from these manufacturers is reported under the Gaming portion of the Client and Gaming segment, primarily through semi-custom System-on-Chips (SoCs). Gaming revenue in Q3 2025 was $1.3 billion, which was a massive 181% year-over-year increase. This surge is attributed to higher semi-custom revenue as inventory normalized and customers prepared for the holiday season. For context, in Q1 2025, Gaming revenue was down 30% year-over-year, showing the cyclical nature of this business before the Q3 rebound. The long-term CAGR target for the combined Client and Gaming business is greater than 10%.

Industrial, Communications, and Aerospace (Embedded)

The Embedded segment serves these specialized markets with CPUs, GPUs, FPGAs, and adaptive SoCs. This segment saw revenue of $857 million in Q3 2025. This figure represents an 8% year-over-year decline, as end-market demand remained mixed during that quarter. Advanced Micro Devices, Inc. is expanding its offerings here with products like the AMD EPYC Embedded 9005 Series processors and Versal AI Edge XQRVE2302 adaptive SoCs. The long-term growth target for the Embedded segment revenue CAGR is greater than 10%, with a goal to exceed 70% revenue market share in adaptive computing.

Here's a quick math summary of the Q3 2025 segment revenue breakdown:

Customer Segment Group (Reported Segment)	Q3 2025 Revenue (USD)	Year-over-Year Change
Hyperscale/Enterprise/HPC (Data Center)	$4.3 billion	Up 22%
PC/DIY & Gaming Consoles (Client and Gaming)	$4.0 billion	Up 73%
Industrial/Comms/Aerospace (Embedded)	$857 million	Down 8%

The mix clearly shows the company is leaning heavily on the Data Center segment, which is now nearly half of the total business. Still, the massive growth in the Gaming portion of the Client and Gaming segment is a significant near-term driver.

• Data Center Revenue (Q3 2025): $4.3 billion.
• Client Revenue (Q3 2025): Record $2.8 billion.
• Gaming Revenue (Q3 2025): $1.3 billion.
• Embedded Revenue (Q3 2025): $857 million.
• Total Revenue (Q3 2025): $9.246 billion.

Finance: draft 13-week cash view by Friday.

Advanced Micro Devices, Inc. (AMD) - Canvas Business Model: Cost Structure

The Cost Structure for Advanced Micro Devices, Inc. (AMD) is heavily weighted toward the direct costs of manufacturing its complex semiconductor products and the substantial, ongoing investment required to maintain technological leadership, especially in the Artificial Intelligence (AI) space.

High Cost of Goods Sold (COGS) due to reliance on external foundries.

Your reliance on external foundries, like Taiwan Semiconductor Manufacturing Company (TSMC), means that the Cost of Goods Sold (COGS) is a dominant cost component. This is inherent in the fabless model, where you pay for wafer fabrication, packaging, and testing services. For instance, in the first quarter of 2025, GAAP Gross Margin stood at 50% on revenue of $7.438 billion, meaning COGS represented 50% of revenue, or approximately $3.719 billion. By the third quarter of 2025, as product mix shifted and perhaps due to increased complexity or volume, the GAAP Gross Margin improved to 52% on record revenue of $9.246 billion. This high direct cost base means that even small fluctuations in manufacturing costs or pricing pressure from competitors directly impact your bottom line.

Significant R&D investment; Q1 2025 operating expenses were $2.2 billion.

To stay competitive against rivals, R&D spending remains massive and non-negotiable. You are pouring capital into next-generation CPU and GPU architectures. While GAAP Operating Expenses for Q1 2025 were reported at $2,930 million, the management commentary from the Q1 2025 earnings call specifically highlighted operating expenses at $2.2 billion, noting this was an increase of 28% year-over-year, driven by aggressive investment in R&D and go-to-market activities. Looking at the trailing twelve months (TTM) ending September 2025, your R&D expenses peaked at $6.386 billion. This aggressive spending is necessary to fuel the Data Center segment growth, which is key to your valuation.

Capital expenditure for AI infrastructure and system-level integration.

Capital expenditure (CapEx) reflects the investment in equipment, tooling, and potentially internal infrastructure to support system-level integration and future product ramps. You are seeing CapEx increase significantly compared to the prior year. For the quarter ending September 30, 2025, CapEx was reported at $258 million. This compares to $212 million in Q1 2025 and $208 million in Q4 2024. The TTM annual CapEx as of Q3 2025 reached $960 million, a substantial jump from the $636 million spent in the full year 2024. This spending supports the increasing complexity of integrating accelerators and CPUs into complete system solutions for customers.

Go-to-market and sales expenses to gain market share.

Gaining share, particularly in the lucrative Data Center market against entrenched players, requires significant spending on sales, marketing, and channel development. These costs fall under Operating Expenses, alongside R&D. The Q1 2025 commentary explicitly cited investment in go-to-market activities as a driver for the $2.2 billion operating expense figure. Furthermore, the GAAP Operating Expenses for Q3 2025 rose to $3,510 million, up 30% year-over-year, reflecting the ongoing need to support the expanding sales footprint across all segments, including the rapidly scaling AI business.

Here's a quick look at some key cost and expense metrics from the recent quarters:

Metric (GAAP)	Q1 2025 Amount (Millions USD)	Q3 2025 Amount (Millions USD)	TTM Ending Q3 2025 Amount (Millions USD)
Revenue	$7,438	$9,246	N/A
Gross Profit	$3,736	$4,780	N/A
Operating Expenses	$2,930	$3,510	N/A
Capital Expenditure	$212 (Q1 only)	$258 (Q3 only)	$960

The cost profile is characterized by high variable costs tied to manufacturing and high fixed/semi-fixed costs related to R&D and market expansion. You need to manage the foundry relationship carefully to control COGS.

• GAAP Gross Margin ranged from 50% (Q1 2025) to 52% (Q3 2025).
• Non-GAAP Operating Income reached $2.2 billion in Q3 2025.
• R&D expenses hit a 5-year peak in the LTM ending September 2025 at $6.386 billion.
• Q2 2025 results included an inventory charge of approximately $800 million related to export controls, which impacted GAAP margins but was excluded from non-GAAP figures.

Finance: draft 13-week cash view by Friday.

Advanced Micro Devices, Inc. (AMD) - Canvas Business Model: Revenue Streams

You're looking at the hard numbers for Advanced Micro Devices, Inc. (AMD) revenue streams as of the third quarter of 2025. Here's the quick math on where the money came from in that period.

Segment	Q3 2025 Revenue Amount	Year-over-Year Growth
Data Center (EPYC, Instinct)	$4.3 billion	Up 22%
Client (Ryzen CPUs)	$2.8 billion	Up 46%
Gaming (Radeon, Semi-Custom)	$1.3 billion	Up 181%
Embedded (Xilinx)	$857 million	Down 8%

The total reported GAAP revenue for Advanced Micro Devices, Inc. (AMD) in Q3 2025 was a record $9.2 billion, representing a 36% increase year-over-year.

The revenue breakdown by segment for Q3 2025 shows the following contributions:

• Data Center segment (EPYC, Instinct): $4.3 billion.
• Client segment (Ryzen CPUs): $2.8 billion.
• Gaming segment (Radeon, Semi-Custom): $1.3 billion.
• Embedded segment (Xilinx): $857 million.
• Licensing and software services related to the ROCm defintely ecosystem.