AMD CEO Lisa Su Named Time Magazine's 2024 CEO of the Year
Su's leadership has transformed AMD into a major semiconductor competitor, surpassing Intel in market value and advancing in AI and supercomputing.
- Lisa Su's tenure at AMD has seen the company grow from financial struggles to surpassing Intel in market value, with a 3,700% increase in share price since 2014.
- AMD has diversified its portfolio under Su, excelling in CPUs, GPUs, gaming consoles, and supercomputers, including powering the world's two most powerful supercomputers.
- Despite Nvidia's dominance in AI chips, Su sees opportunities in the growing AI inference market and partnerships with companies like Meta to reduce reliance on Nvidia's ecosystem.
- AMD's recent restructuring, including a 4% workforce reduction, aims to align resources with growth areas such as AI chip development and data-center solutions.
- Geopolitical challenges, including U.S.-China tensions and reliance on Taiwan for chip manufacturing, remain significant risks for AMD's continued growth.