AMD vs Qualcomm: Founders, CEOs and History
AMD was founded in 1969 by Jerry Sanders, Edwin Turney and is led by Lisa Su. Qualcomm was founded in 1985 by Irwin Jacobs, Andrew Viterbi and is led by Cristiano Amon.
Company facts
Founders
AMD
Jerry Sanders
Advanced Micro Devices (AMD) was founded in May 1969 by Jerry Sanders, a charismatic, flamboyant electrical engineer, along with seven of his colleagues from Fairchild Semiconductor (the well-known incubator of Silicon Valley that also birthed Intel).
Edwin Turney
Edwin Turney helped establish the operating foundation behind AMD's early logic-device business. While Sanders became the public face, Turney's contribution was making sure the company could earn trust through production reliability and execution.
Qualcomm
Irwin Jacobs
Irwin Jacobs is an absolutely brilliant American electrical engineer, fiercely visionary technology entrepreneur, and the profoundly influential CEO and founding patriarch fundamentally responsible for architecting the massively dominant Qualcomm telecommunica…
Andrew Viterbi
Andrew Viterbi brought the deepest technical credentials of Qualcomm's founding team, combining top academic training in communications theory with practical experience in defense and commercial digital systems.
CEOs and their tenures
AMD
- Jerry Sanders1969–2002
CEO
Sanders, born in Chicago in 1936, worked at Douglas Aircraft and Motorola before joining Fairchild Semiconductor in 1961, where he rose to head worldwide sales and marketing.
Source - Hector Ruiz2002–2008
CEO
Ruiz grew up in Piedras Negras, Mexico, and as a teenager crossed the US border daily to attend high school in Eagle Pass, Texas, graduating valedictorian only three years after learning English.
Source - Dirk Meyer2008–2011
CEO
Meyer, a University of Illinois computer-engineering graduate with an MBA from Boston University, co-architected the Alpha 21064 and 21264 microprocessors at Digital Equipment Corporation before joining AMD in 1996, where he personally led development of the o…
Source - Rory Read2011–2014
CEO
Read spent 23 years at IBM in global leadership roles before becoming president and COO of Lenovo, and holds an information-sciences degree from Hartwick College.
Source - Lisa Su2014–present
CEO
Born in Taiwan and raised in the United States, Su earned bachelor's, master's and doctorate degrees in electrical engineering from MIT and worked at Texas Instruments, IBM and Freescale Semiconductor before joining AMD in 2012 as senior vice president of glob…
Source
Qualcomm
- Steve Mollenkopf2013–2021
Chief Executive Officer
Chief executive of Qualcomm from 2013 to 2021.
Source - Akash Palkhiwala2019–present
Chief Financial Officer and Chief Operating Officer
CFO since 2019 and also COO; leads financial reporting and capital returns.
Source - Cristiano Amon2021–present
President and Chief Executive Officer
Cristiano Amon, a Brazilian electrical engineer, joined Qualcomm in 1995 and led its QCT chip business and president role before becoming CEO on June 30, 2021, succeeding Steve Mollenkopf.
Source
Timeline: AMD and Qualcomm side by side
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.
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.
1985Qualcomm
Qualcomm Founded
Irwin Jacobs, Andrew Viterbi, and five colleagues found Qualcomm Incorporated in San Diego, California, initially operating as a telecommunications consulting and research firm from a converted restaurant building.
1988Qualcomm
OmniTRACS Commercial Launch
Qualcomm commercially launches OmniTRACS, a satellite-based two-way messaging and positioning system for long-haul trucking that becomes the company's first profitable product and funds ongoing CDMA research.
1989Qualcomm
First Live CDMA Demonstration
Qualcomm conducts its first outdoor live CDMA demonstration in San Diego, proving the technology works in real-world conditions and attracting serious attention from U.S. Cellular carriers and equipment manufacturers.
1991Qualcomm
Initial Public Offering
Qualcomm goes public on the Nasdaq Stock Market in December 1991, raising approximately $43 million at $16 per share in an IPO that gives the company capital to accelerate CDMA commercialization.
1993Qualcomm
IS-95 CDMA Standard Adopted
The Telecommunications Industry Association formally adopts IS-95, a CDMA standard based substantially on Qualcomm's technology, as an approved digital cellular standard in the United States validating the company's decade-long technological bet.
1995Qualcomm
First Commercial CDMA Network Launched
Sprint PCS launches the first commercial CDMA cellular network in the United States, using Qualcomm-based technology and marking the beginning of large-scale commercial deployment that would define U.S. Wireless infrastructure for the next twenty years.
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.
1999Qualcomm
Strategic Exit from Infrastructure and Handsets
Qualcomm sells its network infrastructure division to Ericsson and its handset manufacturing business to Kyocera, focusing the company entirely on chip design and patent licensing a strategic concentration that defines its business model to the present day.
2005AMD
Antitrust Lawsuit Against Intel
AMD sued Intel in 2005, alleging rebates and exclusionary practices that limited its access to PC makers.
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.
2007Qualcomm
Snapdragon Platform Introduction
Qualcomm introduces the Snapdragon brand for its mobile system-on-chip processors, establishing a consumer-facing identity for its mobile silicon that would become synonymous with premium Android smartphone performance over the following decade.
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.
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.
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.
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…
2019Qualcomm
Apple Settlement and Licensing Agreement
Following years of contentious litigation, Qualcomm and Apple reach a global settlement in April 2019 covering all pending litigation worldwide, with Apple agreeing to a multi-year chip supply deal and a licensing arrangement reportedly involving back payments…
2021Qualcomm
Nuvia Acquisition
Qualcomm acquires Nuvia, a CPU startup founded by former Apple Silicon architects, for approximately $1.4 billion, bringing custom CPU design capabilities in-house that power the Oryon cores in Snapdragon 8 Elite and Snapdragon X Elite PC chips.
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.
2023Qualcomm
Snapdragon X Elite PC Platform Launch
Qualcomm launches the Snapdragon X Elite and Snapdragon X Plus platforms for Windows PCs, powering Microsoft's Copilot+ PC initiative and marking the company's most significant push into personal computing since the failed Snapdragon 835 PC effort in 2017.
2024Qualcomm
Snapdragon 8 Elite Launch
Qualcomm launches the Snapdragon 8 Elite, its first phone chip with custom Oryon CPU cores, built on TSMC's 3nm process.
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.
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.
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.
2025Qualcomm
Alphawave Semi Acquisition Completed
Qualcomm completes its roughly $2.4B purchase of Alphawave Semi to accelerate data center connectivity products.
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.
2026Qualcomm
Q2 FY2026 Results and $20B Buyback Authorization
Qualcomm reports Q2 FY2026 revenue of $10.599B, record quarterly QCT automotive revenue, 20% year-over-year growth in combined QCT automotive and IoT revenue, and a new $20B repurchase authorization.
2026Qualcomm
Q3 FY2026 Results and $40B Non-Handset Target
Qualcomm reports Q3 FY2026 revenue of $9.9B (down 4%), automotive revenue up 61% to $1.6B, and raises its FY2029 non-handset revenue target to $40B.
Acquisitions
AMD
- ZT Systems2025$4.9B
- Silo AI2024$665M
- Xilinx2022$49B
- Pensando Systems2022$1.9B
- ATI Technologies2006$5.4B
Qualcomm
- Modular2026$3.9B
- Alphawave Semi2025$2.4B
- Veoneer Active Safety (ADAS Division)2022$4.5B
- Nuvia2021$1.4B
- RF360 Holdings (joint venture buyout)2019Undisclosed
- Atheros Communications2011$3.1B
Questions about AMD vs Qualcomm
Who is the CEO of Advanced Micro Devices, Inc. and Qualcomm Inc.?
Advanced Micro Devices, Inc. is led by Lisa Su and Qualcomm Inc. is led by Cristiano Amon. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Advanced Micro Devices, Inc. founded vs Qualcomm Inc.?
Advanced Micro Devices, Inc. was founded in 1969 — 16 years before Qualcomm Inc., which was founded in 1985. Advanced Micro Devices, Inc.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Qualcomm Inc..
How many employees does Advanced Micro Devices, Inc. have compared to Qualcomm Inc.?
Advanced Micro Devices, Inc. employs approximately 31,000 people, while Qualcomm Inc. employs approximately 52,000. Qualcomm Inc. has the larger workforce at 52,000 employees, compared to Advanced Micro Devices, Inc.'s 31,000. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Advanced Micro Devices, Inc. and Qualcomm Inc. headquartered?
Both Advanced Micro Devices, Inc. and Qualcomm Inc. are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded Advanced Micro Devices, Inc. and Qualcomm Inc.?
Advanced Micro Devices, Inc. was founded by Jerry Sanders, Edwin Turney. Qualcomm Inc. was founded by Irwin Jacobs, Andrew Viterbi.
Which company has a longer operating history — Advanced Micro Devices, Inc. or Qualcomm Inc.?
Advanced Micro Devices, Inc. has been operating for approximately 57 years, making it the more established of the two companies. Qualcomm Inc. has been in operation for around 41 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the AMD vs Qualcomm overview