Rumor: AMD to move out of its Sunnyvale corporate HQ

AMD's gleaming white corporate headquarters in Sunnyvale, California has long served as an iconic representation of the company. If a new report is correct, though, AMD's time at that location may be coming to a close in the next couple years. The Silicon Valley Business Journal suggests California real estate developer Irvine Company is in talks to acquire the campus from its present owner, W.P. Carey, which leases the site to AMD. The Irvine Company plans to convert the site into a residential complex, the paper's sources say. Irvine, W.P. Carey, and AMD all declined to comment.

The report notes that AMD's lease on its headquarters runs until December 2018. The company has two 10-year renewal options available at that point, according to the report, but the paper's sources suggest that the company isn't likely to exercise them. AMD is instead looking for 175,000 to 225,000 square feet of offices—30% to 45% less space than it currently occupies—at a different location in Silicon Valley, claim those sources. The paper says AMD has 559 employees in Sunnyvale.

Comments closed
    • smilingcrow
    • 3 years ago

    If you’re having Intel problems I feel bad for you Jen-Hsun Huang
    I got 99 problems and being made homeless is about to be one of them.

    (Available only via Tidal on a car fitted with a nVidia infotainment system. i.e. <99 people)

    • Auril4
    • 3 years ago

    Instead of discussing why Intel’s desperate attempt to force us to use x86 technology in our mobile devices failed – in part resulting in layoffs at the company; how the i3, i5, and i7 marketing has got a lot of people confused; why switching back from Windows 10 to Windows 7 is considered an upgrade to some – we are talking about office space at AMD based on rumors?! This site definitely caters to the 30 somethings who still live their parents with the $3000 rig in his room.

      • Klimax
      • 3 years ago

      Half of the topics got discussed to death long ago and for the other half there is simply not enough info and thus there would be just speculation.

      And all of them were covered already in any case. So far no need to revisit, nothing new there.

    • travbrad
    • 3 years ago

    They should rent some space in a tall skyscraper. The executive golden parachutes would work better that way.

      • Meadows
      • 3 years ago

      Have you ever made a parachute out of gold and tried it?

        • JustAnEngineer
        • 3 years ago

        It’s too bad that Discovery Channel killed [i<]Mythbusters[/i<]. [url<]https://www.youtube.com/watch?v=HZSkM-QEeUg[/url<]

    • DeadOfKnight
    • 3 years ago

    AMD is clearly poised for a comeback with 14nm FF products. They have been suffering because the chip industry is very unforgiving if you don’t make the right choices the first time around. Look at how long it took for them to get Bulldozer out just to find out how bad it is. They cannot just take years of development and be like, “oops, we’ll fix it next year.”

      • jihadjoe
      • 3 years ago

      Until now I do not understand why AMD didn’t realize Bulldozer was going to be a flop and stop development on it early on. Their whole lead over Intel was because the A64 killed the Pentium 4 in terms of IPC, whereas the P4 was plagued with problems trying to scale its frequency high enough. The P4 was so bad, Intel’s Haifa team in Israel actually went back to the old P6 core for Pentium-M, and it was a refined version of P6 that heralded Intel’s comeback with Core2.

      Guess what? AMD designs their Bulldozer chip right along the P4’s footsteps! Bad IPC, coupled hopes on attaining high frequencies via a long pipeline. Sure enough it runs into the exact same problems as the P4. Surely they must have realized the direction they were going. The leadup to Bulldozer’s release is IMO akin to having the Titanic’s captain being well aware of the giant iceberg and thinking to himself “Yep, I’ll steer this here ship right into that!”

        • UnfriendlyFire
        • 3 years ago

        AMD made an assumption that more software would take advantage of 4-8 cores and that integer calculation was going to be used more frequently than floating point in most situations.

        Oh, and Bulldozer was designed for a silicon process that Global Foundries did NOT launch, because GF was focused on silicon processes for smartphones and tablets. There’s a reason why you don’t see smartphones and tablets being able to run at 3 GHz, nevertheless 4 GHz.

        By the time Bulldozer launched, there were lots of games that still relied on 1-3 cores, and some heavily taxed one core while lightly using the other ones. As for the server market that would’ve benefited from multi-core stuff, Intel already had a dominance in that for various other reasons.

        AMD launched a product that was ahead of its time by nearly a decade, and it was built on a silicon process designed for smartphones and tablets.

          • smilingcrow
          • 3 years ago

          “AMD launched a product that was [b<]behind the time[/b<] by nearly a decade". FTFY.

    • the
    • 3 years ago

    I wonder if they’ll move into Damage Labs… oh wait….

    • Deanjo
    • 3 years ago

    Pic of AMD’s next HQ!!!

    [url<]http://s31.postimg.org/8jwavftmj/New_AMDHQ.jpg[/url<]

      • chuckula
      • 3 years ago

      They need to redecorate. There’s too much blue tie line and we don’t want people thinking they rented space from Intel.

        • Deanjo
        • 3 years ago

        You should see the poor intern’s office (aka the driver guy aka the janitor aka the soup kitchen guy).

        I do hear that Scott’s new office will offer a beautiful view of the storm drain.

      • Welch
      • 3 years ago

      I thought they were the red team, not the green team!

      • Wirko
      • 3 years ago

      “You are here too, comrade?”

      • albundy
      • 3 years ago

      Well, to be fair, I found a great way for them to add a west wing.

      [url<]https://www.youtube.com/watch?v=1BNgRpRuWGs[/url<] Mah man Anton splains it as clearly as his pickle jar juice.

      • Unknown-Error
      • 3 years ago

      OUCH!

      • NeelyCam
      • 3 years ago

      I tried really hard not to laugh, but I failed.

      • smilingcrow
      • 3 years ago

      With all those gaps in the cardboard the stock cooling should be good in that office.

      • Redundant
      • 3 years ago

      That is appropriate packaging for their video cards too.

    • madmanmarz
    • 3 years ago

    Funny how this comes out shortly after their stock jumping.

    • Wildchild
    • 3 years ago

    Not sure what the big fuss is about. This makes perfect sense regardless if a company is in a dire financial situation or not.

      • Concupiscence
      • 3 years ago

      When you have bad news junkies devouring every piece of data about an ailing company, sometimes the innocuous or everyday also gets painted with the same brush. AMD has a jillion problems; in the scheme of things, this amounts to a nuisance.

        • JustAnEngineer
        • 3 years ago

        One less problem…
        [url<]https://www.youtube.com/watch?v=iS1g8G_njx8[/url<]

    • Mat3
    • 3 years ago

    Not good, but not quite as bad as the story headline indicated.

    • Kretschmer
    • 3 years ago

    Dang it!

    First I buy a Voodoo5 5500 right before 3DFX goes under and ends driver support.

    Now I buy a R9 290X right before AMD circles the drain.

    Here’s hoping that their dismal CPU business doesn’t completely kill their viable-ish GPU business.

      • ImSpartacus
      • 3 years ago

      Ikr, Hawaii is a steal.

      I remember that one freak deal of a <$230 new 290x back during the peak of the mining dump. I think it was a powercolor, but there were other deals nearly that low.

        • Kretschmer
        • 3 years ago

        I picked up my unit (updated cooler) for $270 after MIR and don’t seen any 3XX cards as competitive a year later.

      • Chrispy_
      • 3 years ago

      LOL, AMD’s not circling the drain; It’s amazing they’re as competitive as they are given how short of cash they’ve been for a decade.

      At the very worst, AMD will remain bouyant for as long as all its major contracts keep the cashflow going, which means until Nvidia or Intel can provide a better alternative for the next gen consoles at the very least.

      Honestly though, Polaris and Zen don’t have to be amazing to keep AMD alive. They just have to be viable alternatives to Intel/Nvidia. Don’t get me wrong, I’d [b<]*love*[/b<] it if they pulled a truly competitive product out of those bags, but I'm a realist and AMD can't match the vast sums of cash poured into R&D or marketing that Nvidia/Intel do.

    • blastdoor
    • 3 years ago

    AMD — when you move into your new place, just remember that cucumber water for customers only.

      • divide_by_zero
      • 3 years ago

      This deserves more +’s

    • chuckula
    • 3 years ago

    Evicted!

    In all honesty, they should consolidate everything in Austin to reduce the number of places they have to lease. Silicon Valley ain’t got much to do with Silicon anymore and it’s not like the majority of their employees are located there anyway.

      • nanoflower
      • 3 years ago

      I would imagine the costs of leasing a facility are much cheaper in Austin than in Silicon Valley. Though I suppose AMD could move over to Silicone Valley and find some cheap facilities. 😉

        • superjawes
        • 3 years ago

        Are you serious? They would spend more cleaning the carpets that they’re spending on their current place!

      • UberGerbil
      • 3 years ago

      Companies locate in Silicon Valley to be near a source of high-value employees who don’t want to relocate out of there. You can find highly-skilled driver engineers (for example) in Austin, but you can find more of them in the Bay Area. Of course, AMD doesn’t employee any of them anywhere (zing!) so it probably doesn’t matter where they are.

      • Srsly_Bro
      • 3 years ago

      Haha. I was going to post “-evicted” on its own. Guess you beat me to it… NJ bro

    • DreadCthulhu
    • 3 years ago

    Hope AMD can find some office space that fits their needs without increasing their employee’s commute times by too much. And I hope Zen is so successful that AMD can build their own spaceship office. 😉

    • maxxcool
    • 3 years ago

    RUHROH … Not doom-saying… but … that’s not good at all.

    • hansmuff
    • 3 years ago

    Makes perfect sense they move, office space is very expensive. On top of that, more and more people work from home when possible. I don’t know AMD’s policies but where I work us keyboard warriors come into an office environment less and less. We’re downsizing office space because of that as well.

      • UberGerbil
      • 3 years ago

      Yeah, and the commute in the Bay Area is a nightmare if BART isn’t an option. I think the AMD campus is at least a 30 minute bus ride (traffic permitting) from the Sunnyvale BART station, so most people would probably rather work from home.

        • DrDominodog51
        • 3 years ago

        If you’re a morning person, traffic is nearly nonexistent at 6:10 on my route. But that is, of course, my personal route, and I don’t drive all the way up to Sunnyvale on my route either (I could however). It just depends on your starting location.

        • MathMan
        • 3 years ago

        OTOH the current campus is very close to the Lawrence Caltrain station.

Pin It on Pinterest

Share This