AMD vs BNP Paribas: Founders, CEOs and History

Company facts

Founders

CEOs and their tenures

Timeline: AMD and BNP Paribas side by side

1. 1848BNP Paribas

   Comptoir national d'escompte de Paris founded

   Created by decree in March 1848 to restart commercial credit after the February Revolution, with capital from private subscribers, the City of Paris and the State. It is the oldest root of the BNP side of the group.

2. 1860BNP Paribas

   First overseas branches in Shanghai and Calcutta

   The Comptoir opened branches in Shanghai and Calcutta, becoming the first French bank to build a branch network abroad from scratch, later adding Hong Kong, London, San Francisco and Sydney.

3. 1872BNP Paribas

   Banque de Paris et des Pays-Bas formed

   The Banque de Paris, founded in 1869, merged on 27 January 1872 with Louis-Raphaël Bischoffsheim's Amsterdam-based Nederlandsche Credit- en Deposito Bank to create the investment bank later known as Paribas.

4. 1889BNP Paribas

   Comptoir rescued after the copper crash

   Losses on industrialist Eugène Secrétan's attempt to corner the copper market forced the Comptoir d'escompte de Paris into liquidation, backed by a 100-million-franc Banque de France advance. It was refounded in June 1889 as a deposit bank.

5. 1966BNP Paribas

   Banque Nationale de Paris created

   Finance minister Michel Debré merged the state-owned CNEP and Banque nationale pour le commerce et l'industrie (BNCI) to form Banque Nationale de Paris (BNP).

6. 1969AMD

   Advanced Micro Devices Founded

   Jerry Sanders and seven colleagues from Fairchild Semiconductor founded AMD on May 1, 1969, and broke ground that year on the 915 DeGuigne building in Sunnyvale, California, which remained the headquarters for more than 47 years.

7. 1975AMD

   Entry Into Microprocessors

   AMD entered the microprocessor market in 1975, moving beyond the logic devices it started with. The decision put it into direct competition with Intel and made x86 compatibility the center of its business for the next four decades.

8. 1982BNP Paribas

   Paribas nationalised

   The Mauroy government nationalised Paribas, which adopted its telegraph address, Paribas, as its brand that year.

9. 1987BNP Paribas

   Paribas privatised

   The Chirac government returned Paribas to private ownership in January 1987.

10. 1993BNP Paribas

    BNP privatised

    BNP was privatised in October 1993 under chairman Michel Pébereau.

11. 1999AMD

    Athlon Breakthrough

    Athlon launched in 1999 and matched or beat Intel on desktop performance. In March 2000 AMD announced the first 1 GHz x86 processor, days ahead of Intel, which changed how enthusiasts and PC makers judged the company.

12. 1999BNP Paribas

    Three-way takeover battle

    Société Générale bid for Paribas, and BNP answered with offers for both banks. BNP won control of Paribas but failed to take Société Générale.

13. 2000BNP Paribas

    BNP Paribas created

    The merger of BNP and Paribas was completed in May 2000, combining BNP's retail network with Paribas's investment banking.

14. 2001BNP Paribas

    Full ownership of BancWest

    BNP Paribas agreed to buy the 55% of BancWest, parent of Bank of the West and First Hawaiian Bank, that it did not already own for about $2.45 billion. The Federal Reserve approved the deal on 4 December 2001.

15. 2005AMD

    Antitrust Lawsuit Against Intel

    AMD sued Intel in 2005, alleging rebates and exclusionary practices that limited its access to PC makers.

16. 2006AMD

    ATI Technologies Acquired

    AMD acquired ATI Technologies in 2006 for about $5.4B to add graphics and chipsets. The debt-funded deal strained the balance sheet just as Intel shipped Core 2, but ATI became the basis for Radeon graphics, console APUs, and later Instinct accelerators.

17. 2006BNP Paribas

    BNL acquired in Italy

    BNP Paribas bought Banca Nazionale del Lavoro, making Italy its second domestic retail market.

18. 2009AMD

    Fabless Pivot Through GlobalFoundries

    AMD moved its manufacturing operations into GlobalFoundries in 2009 and stopped owning fabs. The change removed billions of annual capital spending and let AMD buy leading-edge capacity, but it also tied the product roadmap to outside foundries.

19. 2009BNP Paribas

    Fortis Bank acquired in Belgium

    In May 2009 BNP Paribas took control of Fortis Bank, now BNP Paribas Fortis, paying with new shares issued to the Belgian state and the Grand Duchy of Luxembourg. It also bought 25% of AG Insurance for ~$1.55 billion (€1.375 billion).

20. 2011AMD

    Bulldozer Architecture Failure

    Bulldozer traded single-thread performance for core count at a time when most software depended on per-core speed. Reviews were poor, PC maker confidence fell, and server share collapsed, which is what forced the clean-sheet Zen project.

21. 2014AMD

    Lisa Su Becomes CEO

    AMD's board appointed Lisa Su president and CEO on October 8, 2014, succeeding Rory Read. She narrowed the company around high-performance computing and put the engineering budget behind the Zen CPU core rather than spreading it across incremental projects.

22. 2014BNP Paribas

    US sanctions guilty plea

    BNP Paribas pleaded guilty in New York and agreed to pay about $8.9 billion for processing dollar transactions for Sudan, Iran and Cuba in breach of US sanctions.

23. 2017AMD

    Ryzen, EPYC, and Chiplets Rebuild AMD

    Zen reached the market in 2017 as Ryzen for desktops and EPYC for servers. Chiplet packaging over Infinity Fabric let AMD build high core-count parts from smaller dies, improving usable yield and giving it a cost structure Intel's monolithic designs could not…

24. 2022AMD

    Xilinx Acquisition

    AMD completed the Xilinx acquisition in February 2022. The all-stock deal was announced in October 2020 at about $35B and was worth roughly $49B at close.

25. 2023BNP Paribas

    Bank of the West sold to BMO

    BNP Paribas completed the $16.3 billion cash sale of Bank of the West to BMO Financial Group on 1 February 2023, leaving US retail banking.

26. 2025AMD

    ZT Systems Acquired and Its Factories Sold

    AMD closed the ZT Systems purchase on March 31, 2025, paying $3.2B in cash plus 8.3 million shares for rack-scale AI systems design.

27. 2025AMD

    OpenAI Agrees to Deploy 6 Gigawatts of AMD GPUs

    On October 6, 2025 AMD and OpenAI announced a multi-year agreement covering 6 gigawatts of AMD GPUs, starting with a 1 gigawatt Instinct MI450 deployment in the second half of 2026.

28. 2025AMD

    Record $34.6B Revenue

    AMD reported FY2025 revenue of $34.6B, up 34%, with net income of $4.3B and a 50% gross margin.

29. 2025BNP Paribas

    AXA Investment Managers acquired

    BNP Paribas Cardif completed the ~$5.76 billion (€5.1 billion) purchase of AXA IM on 1 July 2025 and signed a long-term partnership to manage a large part of AXA's assets.

30. 2025BNP Paribas

    Sudan jury verdict

    A Manhattan federal jury found BNP Paribas liable to three Sudanese refugees in October 2025 and awarded $20.75 million. The bank is appealing.

31. 2026AMD

    Meta Agrees to Deploy Up to 6 Gigawatts of AMD GPUs

    On February 24, 2026 AMD and Meta announced a multi-year agreement for up to 6 gigawatts of Instinct GPUs.

32. 2026BNP Paribas

    Ageas partnership reset

    On 28 April 2026 BNP Paribas Fortis sold its 25% of AG Insurance to Ageas for ~$2.15 billion (€1.9 billion) and renewed their Belgian bancassurance partnership, while Cardif raised its Ageas stake to 22.5%.

33. 2026BNP Paribas

    Arval completes Athlon purchase

    Arval completed its purchase of Athlon from Mercedes-Benz Group on 31 July 2026, reaching a combined fleet of 2.3 million vehicles.

Acquisitions

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