Advanced Micro Devices, Inc.—more commonly known as "AMD"—was founded in 1969 and develops computer processors and related technologies for business and consumer markets. The company trails behind rival Intel Corp. (INTC) in the market for x-86-based microprocessors and competes against Nvidia Corp. (NVDA) in the Graphics Processing Unit (GPU) space.
As of May 20, 2020, AMD traded at $56.39 per share. On April 28, 2020, the company reported its first-quarter results. Revenue for the period rose to $1.79 billion compared to $1.27 billion in the first quarter of 2019. Net income over the period jumped to $162 million versus $16 million in the first quarter of 2019.
As of March 30, 2020, the top three institutional holders of AMD are The Vanguard Group with 112 million shares, Blackrock Inc. with 82.6 million shares, and Fidelity Management and Research with 50 million shares. The top three mutual fund holders are Vanguard Total Stock Market Index Fund with 31.4 million shares, Vanguard 500 Index Fund with 22.2 million shares, and Invesco Oppenheimer Global Opportunities Fund with 18 million shares.
Below are AMD’s three largest individual shareholders, all currently serving in top decision-making roles at the global corporation.
- Advanced Micro Devices (AMD) is a US global semiconductor company specializing in the development of high-performance computer processors and graphics processing units (GPUs).
- The company's biggest competitors are Intel, Nvidia, and Qualcomm.
- The three largest individual shareholders of AMD are executives at the company: chief executive officer and president Dr. Lisa Su, general counsel Harry Wolin, and chief technology officer Mark Papermaster.
Lisa T. Su
Dr. Lisa T. Su. has been the chief executive officer (CEO) and president of AMD since October 2014. Su, as of May 11, 2020, beneficially owns 2.6 million shares of AMD. This makes Su the firm’s largest individual shareholder.
Under her leadership, the chip maker’s stock has more than tripled. The electrical engineer and chip designer helped AMD secure a comeback against Nvidia and Intel, making significant strides in the graphics and video game console chip markets and landing a major deal to license server chip designs in China. Su has also doubled down on more high-end chips, debuting the company’s newest line called “Zen” in order to increase its market reach.
Previously, she held positions as chief operating officer (COO) and Senior VP and General Manager of Global Business at AMD. Before that, Su served in various executive roles at Freescale Semiconductor Holdings Ltd. The CEO has co-authored over 40 technical publications and a book chapter on next-generation consumer electronics. Dr. Su received a Bachelor of Science, Master of Science, and Doctorate Degree in Electrical Engineering from the Massachusetts Institute of Technology.
AMD's primary products include high-performance processors, chipsets, and graphics processors used in personal computers, workstations, and a variety of system applications.
As of Feb. 9, 2020, Harry Wolin owned approximately 1.48 million shares of AMD, making him the second-largest shareholder. Wolin is senior vice president, general counsel, and corporate secretary at AMD. Serving as general counsel since 2003, his duties include overseeing the company's global legal matters, global trade compliance, corporate responsibility, public affairs, and corporate investigations.
Prior to joining AMD in 2000, Wolin worked as vice president and director of legal affairs for the Semiconductor Products Sector at Motorola. He earned his Juris Doctor degree from Arizona State University and is a member of the state bars of Arizona and Texas.
Mark D. Papermaster
Mark D. Papermaster is AMD’s chief technology officer (CTO) and executive vice president of Technology and Engineering. As of May 14, 2020, Papermaster beneficially owns approximately 1.34 million shares of AMD. This makes Papermaster the company's third-largest shareholder.
He is responsible for corporate technical direction and product development, including system-on-chip (SOC) methodology, microprocessor design, and advanced research. The CTO also helped redesign the company's engineering processes, work that culminated in the development of high-performance graphics processing units (GPUs), and innovative modular designs.
Papermaster brings to AMD over 35 years of engineering experience, including leadership positions with Cisco’s Silicon Engineering Group, Apple’s Devices Hardware Engineering, and IBM, where he oversaw the development of key microprocessor and server technologies. The engineer received his bachelor’s degree from the University of Texas at Austin and a master’s degree from the University of Vermont.