The Growth of AMD Shares Since Its IPO

Advanced Micro Devices (AMD) was founded in 1969 and made its public market debut just three years later, in 1972. The company issued 620,000 shares for its initial public offering (IPO) at a price of $15.50 per share.

Over the course of the past fifty years, many changes have occurred in the company and the stock market. AMD has undergone multiple stock splits, leading to a current total of over 1.6 billion outstanding shares. Investors who purchased a single share of AMD stock at its IPO have significantly increased their holdings thanks to these splits.

The History of AMD's Stock Splits

AMD has not split its stock in nearly 25 years, but the company was more proactive with stock splits in its earlier days. After its IPO in 1972, AMD conducted several splits. Here’s a summary of the stock splits:

Record Date	Stock-Split Ratio
9/27/1978	3-for-2
9/24/1979	3-for-2
9/22/1980	2-for-1
9/27/1982	3-for-2
7/22/1983	2-for-1
8/07/2000	2-for-1

From this information, we can calculate that an investor who bought one share of AMD stock at its IPO would now hold 27 shares in total, highlighting the benefits of stock splits over time.

Recent Performance of AMD Stock

In 2025, AMD shares have experienced a notable decline of over 13%, outpacing the nearly 8% decrease in the Nasdaq Composite index. This downturn has led to AMD stock being regarded as a potential bargain, as it now trades at 32 times its operating cash flow—below its five-year average of 37 times.

For investors interested in sectors like artificial intelligence or those looking for a prominent name in the semiconductor industry, AMD stock is certainly worthy of consideration and further analysis.

The author has no position in any of the mentioned stocks. The Motley Fool, a financial advisory service, holds shares in AMD.

AMD, IPO, shares