AMD is a semiconductor manufacturer founded in 1969 that designs and markets CPUs and GPUs. In 2011, AMD reported $6.57 billion in revenue and $491 million in net income. While AMD stopped manufacturing chips in 2008 to focus on design, it acquired ATI Technologies in 2006 and SeaMicro in 2012. AMD's "Fusion" CPUs, "Southern Islands" GPUs, and strong customer base position it for an important year ahead despite risks of failure in its industry.