Pros
1. AMD offers some very interesting work. Between ARM cores, x86 cores, and high-end graphics, AMD offers a variety of cutting-edge work that no other company can match. I have always been completely satisfied and stimulated with the work I have been given here. 2. AMD is willing to give young engineers a great deal of responsibility, so one can grow quickly as an engineer here. This is a place where you feel that you can really make a difference. 3. Although I think AMD's talent has degraded somewhat over recent years, there are still many talented and passionate engineers here from whom one can learn a great deal. 4. The AMD executive team is fairly strong. Lisa Su in particular is exceedingly bright and well respected. 5. AMD has all of the pieces in place to be a very successful company. With a lucky break here or there, it could become a very profitable company. 6. AMD has an underdog culture that appeals to many.
Cons
1. AMD has been struggling mightily financially for about a decade now. There are frequent lay-offs and constant restructurings. This is not the place to work if stability is your primary desire in a job. 2. Although AMD's pay and benefits are competitive, the company seldom makes money and thus generally doesn't pay out much in the way of bonuses or RSUs. Other companies can afford to be more generous here. 3. AMD is contractually obligated to work with GlobalFoundaries, which has serious execution challenges that adversely impact AMD. It is frustrating to work so hard on a chip only to have the FAB not execute on it. 4. AMD's teams are generally understaffed, so it is sometimes a challenge to maintain a good work/life balance. My balance is fine now, but it has been very poor on occasion. 5. The design teams are very global. You'll probably find yourself on many late-night calls with China and India.