- Advanced Micro Devices (AMD -0.8%) announced the location late last week and detailed plans for a 220,000 square foot, "state-of-the-art", six-story building. A long-term lease for the property has been entered into with The Irvine Company.
- The move is scheduled to begin in Q3 2017 and finalize by end of 2017.
- AMD's Chief Human Relations Officer and Senior Vice President of Corporate Communications, Ruth Cotter: "Building on our 47 year legacy of technology innovation and leadership in Silicon Valley, our move to the Santa Clara Square complex will give us a modern and inspiring workspace to continue our leading-edge product development efforts. The prominent location and compelling work environment will help to foster new ideas in a collaborative environment while helping us to attract top talent in the region."
- The company established a base in Sunnyvale, California in 1969.