Advanced Micro Devices Form 10-K: Fiscal Year 2021

Advanced Micro Devices, Inc. (AMD) filed its Annual Report on Form 10-K for the fiscal year ended December 25, 2021. The company is a global semiconductor firm that designs and offers x86 microprocessors, accelerated processing units, chipsets, graphics processing units, and server and embedded processors. AMD operates through two reportable segments: Computing and Graphics, and Enterprise, Embedded and Semi-Custom.

The company’s strategy focuses on high-performance computing technology and software leadership. During 2021, AMD introduced several new products, including the Ryzen 5000 Series mobile processors and the Instinct MI200 series accelerators. The company entered into an agreement to acquire Xilinx, Inc. on October 26, 2020; as of the signing of the Merger Agreement, the transaction was valued at $35 billion, and the Merger is currently expected to close in the first quarter of 2022. AMD employed approximately 15,500 people globally as of the end of the 2021 fiscal year.