# AMD — Capital Time Machine

AMD was founded in 1969 and first offered public shares in 1972. Its company FAQ documents the original offer and the complete cumulative split factor.

Canonical citation: https://capitaltimemachine.com/private/amd

Ticker: AMD
Sector: Semiconductors
Public-market route: IPO
Evidence reviewed: 2026-09-24

## How to use this research

Selected historical funding and listing evidence, not a complete private cap table or live quote. Funding totals, company valuations and per-share prices are different measures. A hypothetical value is not actual sale proceeds; investor access is not established.

## Funding and listing history

### formation — AMD founded

Date: 1969-05-01
Event type: Formation

Advanced Micro Devices began in Sunnyvale, California. A founding date is not an investable share price.

Source: [AMD investor FAQ](https://ir.amd.com/contacts-faq/faq)
Source location: Founding May 1, 1969; September 27, 1972 IPO at $15.50; cumulative 27-for-one adjustment.

### ipo — First public offering

Date: 1972-09-27
Event type: IPO

620,000 shares were offered at $15.50, including 500,000 company shares and 120,000 selling-holder shares.

Reported price: $15.50

Source: [AMD investor FAQ](https://ir.amd.com/contacts-faq/faq)
Source location: Founding May 1, 1969; September 27, 1972 IPO at $15.50; cumulative 27-for-one adjustment.

### splits — Six public stock splits

Date: 1978–2000
Event type: Share basis

Split factors 1.5 × 1.5 × 2 × 1.5 × 2 × 2 yield 27 shares per original IPO share.

Source: [AMD stock-split history](https://ir.amd.com/stock-data/stock-split-history)
Source location: Six stock splits, last paid August 21, 2000.

Source: [AMD investor FAQ](https://ir.amd.com/contacts-faq/faq)
Source location: Founding May 1, 1969; September 27, 1972 IPO at $15.50; cumulative 27-for-one adjustment.

## Documented share calculations

### ipo — IPO offer price · $15.50

Starting price: 15.50 USD per starting share
Starting date or context: IPO · 1972-09-27

Base conversion: 27 common-share equivalents per starting share, before dated public splits

IPO starting price with the documented cumulative 27-for-one split factor. Ending prices must be on or after August 22, 2000, on the post-split basis.

Public trading begins: 1972-09-27
Supported ending dates begin: 2000-08-22
Share basis reviewed through: 2026-09-24

The ending share price and its date must be supplied by the user.

Formula: amount ÷ 15.50 × (27) × applicable dated public splits × ending share price. 

Source: [AMD investor FAQ](https://ir.amd.com/contacts-faq/faq)
Source location: Founding May 1, 1969; September 27, 1972 IPO at $15.50; cumulative 27-for-one adjustment.

Source: [AMD stock-split history](https://ir.amd.com/stock-data/stock-split-history)
Source location: Six stock splits, last paid August 21, 2000.

## Later share adjustments

No separate share-class distribution is modeled.

## Coverage gaps and limitations

- The reviewed company sources do not establish a private subscription-price and conversion chain. This calculator starts at the IPO.

- The stored cumulative factor supports post-August 2000 prices; earlier public-date scenarios are not enabled for this model.

Entered prices and later-date share-basis assumptions are unverified. Excludes fees, taxes, dividends, warrants and other distributions; fractional shares are illustrative. Historical investor allocations, minimums and selling rights are not established.

Methodology: https://capitaltimemachine.com/methodology

Research terms: https://capitaltimemachine.com/terms