Pros
AMD pays well and has excellent benefits.
Kontras
The company is going through some major changes. They are a ship without a rudder. Even with the new CEO it is highly speculative if AMD will succeed or fail. Even if it's the former, understand that the culture probably won't change, that it's more important for you to "play the game" than it is to simply excel at your job and let your work do the talking. Recent downsizing eliminated a lot of very smart, hard-working employees and kept more than a few mid-level managers who are largely the root cause for AMD's problems in the first place. In a word, "politics." The managers are more interested in doing what they can to save their jobs than they are to provide a roadmap that makes sense or management that nurtures excellence.