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Advanced Micro Devices, Inc. (abbreviated AMD; ) is an American manufacturer of semiconductors based in Sunnyvale, California. The company was founded in 1969 by a group of former executives from Fairchild Semiconductor, including Jerry Sanders, III, Ed Turney, John Carey, Sven Simonsen, Jack Gifford and three members from Gifford's team, Frank Botte, Jim Giles and Larry Stenger.