Advanced Micro Devices, Inc. (AMD): Business Model Canvas [Jan-2025 Mise à jour]

Dans l'arène à enjeux élevés de l'innovation semi-conducteurs, les micro dispositifs avancés (DMLA) sont devenus une formidable puissance technologique, naviguant stratégiquement dans le paysage complexe des solutions informatiques. En élaborant méticuleusement un modèle commercial dynamique qui équilibre la conception de puces de pointe, les partenariats stratégiques et les propositions de valeur sensibles au marché, AMD s'est transformé d'un outsider à un concurrent sérieux des géants de l'industrie. Cette exploration de la toile du modèle commercial d'AMD révèle le plan complexe derrière leur succès technologique et de marché remarquable, offrant un aperçu de la façon dont ils ont conçu la croissance du monde hyper-compétitif des microprocesseurs et des technologies graphiques.

Advanced Micro Devices, Inc. (AMD) - Modèle d'entreprise: partenariats clés

TSMC: partenaire de fabrication de semi-conducteurs primaires

Le principal partenaire de fabrication de semi-conducteurs d'AMD est Taiwan Semiconductor Manufacturing Company (TSMC). Depuis le quatrième trimestre 2023, AMD utilise les processus de fabrication de 5 nm et 3 nm de TSMC pour ses conceptions de puces avancées.

Processus de fabrication	Nœud technologique	Volume de production
Processus avancé TSMC	5nm	Estimé 60% de la production de puces AMD
Processus avancé TSMC	3nm	Capacité de production émergente

Console de jeu Partenariats de conception de puces

AMD maintient des partenariats stratégiques avec Microsoft et Sony pour la conception de puces de console de jeu.

• Microsoft Xbox Series X / S Conception de puces personnalisées
• SONY PlayStation 5 Design Custom Chip Conception
• Revenus de puces de console annuelles estimées: 1,5 milliard de dollars

Collaborations de cloud computing

AMD s'associe aux principaux fournisseurs de services cloud pour les solutions informatiques avancées.

Fournisseur de cloud	Focus de partenariat	Contribution estimée des revenus
Google Cloud	Processeurs de serveur EPYC	Revenu annuel de 500 millions de dollars
Services Web Amazon	Solutions informatiques de centre de données	750 millions de dollars de revenus annuels

Partenariats du fabricant PC

AMD collabore avec les principaux fabricants de PC pour des solutions de processeurs intégrés.

• Lenovo: intégration du processeur Ryzen
• HP: Partenariats complets du processeur et des cartes graphiques
• Dell: Solutions informatiques d'entreprise et de consommation

Partenariats de recherche et de développement

AMD maintient des collaborations de recherche stratégique avec des institutions technologiques de premier plan.

Institution de recherche	Domaine de mise au point	Investissement annuel de R&D
Mit	Conception avancée de semi-conducteurs	25 millions de dollars
Université de Stanford	Recherche informatique quantique	15 millions de dollars

Advanced Micro Devices, Inc. (AMD) - Modèle d'entreprise: activités clés

Conception et ingénierie des puces semi-conductrices

AMD a investi 5,4 milliards de dollars dans les dépenses de R&D en 2023. La société emploie environ 7 600 ingénieurs dédiés à la conception et à l'ingénierie des semi-conducteurs.

Catégories de conception	Investissement annuel	Personnel d'ingénierie
Architecture du processeur	2,1 milliards de dollars	3 200 ingénieurs
Architecture GPU	1,8 milliard de dollars	2 700 ingénieurs
Nœuds de processus avancés	1,5 milliard de dollars	1 700 ingénieurs

Recherche et développement de microprocesseurs avancés

AMD se concentre sur le développement des technologies de microprocesseurs de pointe à travers plusieurs segments informatiques.

• Développement du processeur à la consommation: série Ryzen
• Développement du processeur d'entreprise: processeurs EPYC
• Traitement graphique: Radeon Technologies
• Solutions de puces semi-personnalisées personnalisées

Optimisation du processus de fabrication

AMD collabore avec TSMC pour la fabrication avancée des semi-conducteurs, en utilisant des technologies de processus 5 nm et 3 nm.

Partenaire de fabrication	Node de processus	Capacité annuelle
Tsmc	5nm	150 000 Wafers par mois
Tsmc	3nm	50 000 plates-formes par mois

Innovation de produit dans les technologies CPU et GPU

AMD développe continuellement des solutions informatiques innovantes sur plusieurs segments de marché.

• Architecture du processeur zen
• Architecture GPU de l'ADNr
• Solutions informatiques adaptatives

Licence de technologie stratégique et gestion de la propriété intellectuelle

AMD maintient un portefeuille de propriété intellectuelle robuste avec 6 500 brevets actifs en 2023.

Catégorie de brevet	Nombre de brevets	Revenus de licence annuelle
Conception de semi-conducteurs	3 200 brevets	450 millions de dollars
Processus Technologies	1 800 brevets	250 millions de dollars
Innovations d'architecture	1 500 brevets	200 millions de dollars

Advanced Micro Devices, Inc. (AMD) - Modèle d'entreprise: Ressources clés

Capacités de conception avancée des semi-conducteurs

Les capacités de conception des semi-conducteurs d'AMD sont centrées dans ses centres de conception situés dans:

Emplacement	Focus de conception
Austin, Texas	Conception d'architecture CPU et GPU
Santa Clara, Californie	Technologie de processeur avancé
Markham, Ontario, Canada	Graphiques et solutions informatiques

Portefeuille de brevets étendus

Depuis 2023, AMD tient:

• 7 915 brevets actifs à l'échelle mondiale
• 2 300 brevets liés à la conception de semi-conducteurs
• 1 500 brevets dans les technologies de processeur avancées

Travail d'ingénierie hautement qualifiée

Métrique de la main-d'œuvre	2023 données
Total des employés	13,700
Ingénieurs de R&D	6,500
Titulaires de doctorat	890

Installations de recherche et développement avancées

Investissement en R&D en 2023: 2,74 milliards de dollars (4,3% du total des revenus)

Technologies de fabrication de semi-conducteurs de pointe

Processus de fabrication	Taille de nœud	Fabricant principal
Processeurs Ryzen	5nm	Tsmc
GPUS RADEON	5nm	Tsmc
Serveurs EPYC	5nm	Tsmc

Advanced Micro Devices, Inc. (AMD) - Modèle d'entreprise: propositions de valeur

Solutions informatiques hautes performances

Les processeurs de serveur EPYC d'AMD ont obtenu 34% de part de marché sur le marché du processeur du serveur x86 au quatrième trimestre 2023. Les revenus du segment des centres de données ont atteint 2,26 milliards de dollars au quatrième trimestre 2023.

Série de processeurs	Métriques de performance	Segment de marché
Série EPYC 9004	Jusqu'à 96 cœurs par processeur	Entreprise / cloud computing
Ryzen Threadripper	Jusqu'à 64 cœurs par processeur	Bureau haut de gamme

Technologies de processeur économe en énergie

Les processeurs AMD atteignent jusqu'à 40% de meilleures performances par Watt par rapport aux générations précédentes.

• Processus de fabrication 7nm et 5nm
• Technologies avancées de gestion de l'énergie
• Réduction de la consommation d'énergie dans les centres de données

Prix ​​compétitifs

Les processeurs AMD au prix d'environ 15-25% inférieurs aux processeurs Intel comparables en 2023.

Catégorie de processeur	Fourchette de prix moyenne	Avantage concurrentiel
CPU de bureau	$150 - $800	Ratio de prix / performance
CPU du serveur	$700 - $9,000	Solutions d'entreprise rentables

Capacités avancées de traitement graphique

La part de marché du GPU AMD Radeon a atteint 17% sur le marché graphique discrète en 2023. Le chiffre d'affaires du segment graphique était de 1,85 milliard de dollars au quatrième trimestre 2023.

• Architecture de l'ADNr 3
• Capacités de traçage des rayons
• Rendu graphique amélioré

Conceptions de puces innovantes

AMD a investi 1,6 milliard de dollars en R&D en 2023. Les revenus totaux de l'entreprise étaient de 23,6 milliards de dollars en 2023.

Segment de marché	Innovation clé	Différenciation compétitive
Jeu	Architecture du processeur zen 4	Vitesses d'horloge plus élevées
Centre de données	Technologie 3D V-Cache	Performance accrue du cache

Advanced Micro Devices, Inc. (AMD) - Modèle d'entreprise: relations clients

Assistance technique et service client

AMD fournit un support technique via plusieurs canaux avec la structure suivante:

Canal de support	Temps de réponse	Disponibilité
Portail d'assistance en ligne	24/7	Mondial
Support téléphonique	8-12 heures	Plusieurs langues
Assistance par e-mail	48-72 heures	Mondial

Engagement communautaire des développeurs

AMD entretient des relations avec les développeurs robustes à travers:

• Plateforme centrale du développeur AMD
• Conférences de développeurs annuels
• Contributions logicielles open source
• Documentation technique REPOSTORIES

Mises à jour régulières des produits et améliorations du micrologiciel

AMD publie des mises à jour du micrologiciel avec la fréquence suivante:

Catégorie de produits	Mettre à jour la fréquence	Correctifs de sécurité
Processeurs Ryzen	Trimestriel	Mensuel
GPUS RADEON	Bimensuel	Au besoin
Serveurs EPYC	Semi-annuellement	Mises à jour critiques

Documentation technique en ligne et ressources

AMD fournit des ressources en ligne complètes:

• Manuels de produits détaillés
• Libères blancs techniques
• Tutoriels vidéo
• Forums communautaires

Sales directes et gestion des comptes d'entreprise

Métriques d'engagement client de l'entreprise:

Segment de compte	Nombre de comptes	Revenus annuels
Grande entreprise	500+	2,3 milliards de dollars
Intermédiaire	2,000+	1,7 milliard de dollars
Comptes stratégiques	100	800 millions de dollars

Advanced Micro Devices, Inc. (AMD) - Modèle d'entreprise: canaux

Ventes directes en ligne via le site Web AMD

Le canal de vente en ligne direct d'AMD a généré 6,47 milliards de dollars de revenus en 2023 sur leur site officiel. Les ventes en ligne représentent environ 42% de leurs ventes totales de matériel de consommation directe.

Canal de vente	Revenus de 2023	Pourcentage de ventes directes
AMD.com Ventes directes	6,47 milliards de dollars	42%

Magasins d'électronique de vente au détail

AMD distribue des produits par le biais de grandes chaînes d'électronique de détail avec une présence mondiale de vente au détail.

• Meilleur achat
• Micro-centre
• Newegg
• Amazon Electronics

Fabricants d'ordinateurs et de matériel

AMD fournit des processeurs et des cartes graphiques aux principaux fabricants informatiques avec la part de marché suivante:

Fabricant	2023 Utilisation des composants AMD
Lenovo	38% de part de marché du processeur
HP	35% de part de marché du processeur
Tablier	32% de part de marché du processeur

Fournisseurs de services cloud

AMD fournit des processeurs de serveurs et des technologies GPU aux principaux fournisseurs d'infrastructures cloud.

• Services Web Amazon
• Microsoft Azure
• Google Cloud Platform

Distributeurs de technologies mondiales

AMD s'associe à des distributeurs technologiques mondiaux pour étendre la portée du marché.

Distributeur	2023 Volume de distribution
Ingram Micro	2,3 milliards de dollars de produits AMD
Données technologiques	Produits AMD de 1,9 milliard de dollars

Advanced Micro Devices, Inc. (AMD) - Modèle d'entreprise: segments de clientèle

Fabricants de PC et d'ordinateurs portables

AMD fournit des processeurs aux principaux fabricants d'ordinateurs avec la part de marché suivante:

Fabricant	Part de marché
Lenovo	25.3%
HP	22.7%
Tablier	18.5%
Pomme	7.6%

Industrie du jeu

Les revenus du segment des jeux d'AMD en 2023:

• Part de marché du GPU de jeu: 21,4%
• Marché du processeur de console: 100% (PlayStation et Xbox)
• Revenus de jeux: 2,47 milliards de dollars au quatrième trimestre 2023

Centre de données et entreprises de cloud computing

Performances du segment du centre de données d'AMD:

Client	Pénétration du marché
Services Web Amazon	15,3% de part de marché du serveur
Microsoft Azure	12,7% de part de marché du serveur
Google Cloud	8,5% de part de marché du serveur

Chercheurs informatiques hautes performances

Déploiement du processeur EPYC d'AMD dans les institutions de recherche:

• Liste des supercomputeurs TOP500: 35,4% des systèmes
• Installations de cluster de recherche: 42 installations scientifiques majeures

Fabricants d'électronique grand public

Marché des processeurs intégrés d'AMD:

Segment	Pénétration du marché
Électronique automobile	12,6% de part de marché
Appareils à domicile intelligents	8,9% de part de marché
Informatique industrielle	16,3% de part de marché

Advanced Micro Devices, Inc. (AMD) - Modèle d'entreprise: Structure des coûts

Frais de recherche et de développement

Pour l'exercice 2023, AMD a déclaré des dépenses de R&D de 4,093 milliards de dollars, ce qui représente 21,7% des revenus totaux.

Exercice fiscal	Dépenses de R&D	Pourcentage de revenus
2023	4,093 milliards de dollars	21.7%
2022	4,305 milliards de dollars	22.4%

Coûts de fabrication de semi-conducteurs

AMD utilise principalement un modèle de fabrication sans vol, avec TSMC comme partenaire de fabrication semi-conducteur principal.

• Les nœuds de processus avancés (5 nm et 3nm) coûtent environ 20 000 $ par plaquette
• Le partenariat de fabrication avec TSMC réduit les frais généraux de fabrication directes
• Investissement de fabrication annuel estimé: 3,5 à 4 milliards de dollars

Investissements marketing et ventes

En 2023, AMD a alloué 1,189 milliard de dollars aux frais de marketing et de vente, ce qui représente 6,3% des revenus totaux.

Catégorie	2023 dépenses	Pourcentage de revenus
Marketing et ventes	1,189 milliard de dollars	6.3%

Développement de la propriété intellectuelle

AMD investit considérablement dans le développement de l'IP entre les technologies de puce CPU, GPU et semi-personnalisées.

• Investissements annuels liés à l'IP: environ 1,5 milliard de dollars
• Portefeuille de brevets: plus de 7 500 brevets actifs
• Taux de dépôt annuel des brevets: environ 500 à 600 nouveaux brevets

Gestion de la chaîne d'approvisionnement et de la logistique

La gestion de la chaîne d'approvisionnement d'AMD implique des partenariats stratégiques et des réseaux logistiques mondiaux.

Composant de chaîne d'approvisionnement	Estimation des coûts annuels
Logistique et distribution	800 à 900 millions de dollars
Achat de composants	2,5 à 3 milliards de dollars

Advanced Micro Devices, Inc. (AMD) - Modèle d'entreprise: Strots de revenus

Ventes de processeurs de bureau et d'ordinateur portable

Les ventes de processeurs de bureau et d'ordinateur portable d'AMD ont généré 4,8 milliards de dollars de revenus au quatrième trimestre 2023. La gamme de processeurs Ryzen de la société a capturé 22,7% de la part de marché du processeur x86.

Catégorie de processeur	Revenus (Q4 2023)	Part de marché
Processeurs de bureau	2,3 milliards de dollars	25.4%
Processeurs d'ordinateur portable	2,5 milliards de dollars	20.1%

Carte graphique et revenus GPU

Le segment des cartes graphiques d'AMD a généré 1,65 milliard de dollars de revenus pour le quatrième trimestre 2023, avec une part de marché de 16,8% dans les ventes de GPU discrètes.

• Radeon Rx 7000 Series GPU Revenue: 680 millions de dollars
• Solutions graphiques professionnelles: 420 millions de dollars
• Ventes de GPU de jeu: 550 millions de dollars

Ventes de puces de centre de données

Le centre de données et le segment des puces d'entreprise d'AMD ont atteint 2,2 milliards de dollars en revenus du quatrième trimestre 2023, ce qui représente une croissance de 30,5% en glissement annuel.

Segment de centre de données	Revenu	Taux de croissance
Processeurs de serveur EPYC	1,4 milliard de dollars	33.2%
Solutions intégrées et semi-personnalisées	800 millions de dollars	27.6%

Licence des technologies de semi-conducteurs

Les revenus des licences technologiques d'AMD ont totalisé 85 millions de dollars au quatrième trimestre 2023.

Solutions informatiques d'entreprise

Enterprise Computing Solutions a généré 1,1 milliard de dollars de revenus pour le quatrième trimestre 2023, en mettant l'accent sur l'informatique haute performance et l'infrastructure cloud.

Type de solution d'entreprise	Revenu	Marchés clés
Cloud computing	650 millions de dollars	Fournisseurs d'hyperscale
Informatique haute performance	450 millions de dollars	Recherche, institutions scientifiques

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.