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Lisa Su is CEO of AMD — and Jensen Huang's cousin. Here's how she became a billionaire.
Business Insider
·
1y ago
Medial
Lisa Su, the CEO of Advanced Micro Devices (AMD), has recently become a billionaire amid the generative AI boom. Su, who joined AMD in 2012 and became CEO in 2014, successfully turned the company around by focusing on the design of CPUs known as Zen. Under her leadership, AMD's stock rose more than 60-fold. Despite being overshadowed by rival Nvidia, Su is determined to take on the challenge. AMD recently introduced the MI300X chip to rival Nvidia's offering and aims to reach $1 billion in sales by mid-2024. With the continuous growth of the AI industry, Su's billionaire journey may just be beginning.
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Every AMD product goes via India team: Lisa Su
Economic Times
·
8m ago
Medial
Lisa Su, CEO of Advanced Micro Devices (AMD), discusses the company's plans for India, including building two supercomputers, enhancing investments, and growing R&D in the country. Su believes that India plays a critical role in AMD's operations, with a significant workforce and talent pool. She highlights the importance of AI technology and its potential for growth, stating that investments will continue and ROI will be realized over time. Su also encourages women in tech to seek out challenging opportunities and volunteer for important projects.
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‘We are just at the very beginning of what AI is capable of’: AMD CEO Lisa Su
YourStory
·
8m ago
Medial
Lisa Su, CEO of Advanced Micro Devices (AMD), believes that artificial intelligence (AI) has the potential to boost productivity and drive innovation across industries. Speaking at an event in Bengaluru, Su emphasized the transformative power of AI, stating that it can make individuals, companies, and discoveries more capable. She highlighted the accessibility of AI, with advancements in natural language processing making the technology available to a wider audience. Su also discussed AMD's focus on versatility in computing solutions and the company's commitment to collaboration through open-source initiatives.
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AMD CEO says ready to start chip production at TSMC's plant in Arizona
Economic Times
·
3m ago
Medial
AMD CEO Lisa Su announced readiness to commence chip production at TSMC's Arizona facility, aiming to boost AI server manufacturing in the U.S. This aligns with potential U.S. tax adjustments on imported semiconductors, hinted by President Trump. AMD, a leading PC chip supplier, primarily collaborates with TSMC, a major contract chip manufacturer in Taiwan. The move showcases AMD's strategic shift towards increasing domestic chip production amidst evolving trade dynamics.
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AMD sees AI chip market exceeding $500 billion by 2028
Economic Times
·
1m ago
Medial
AMD anticipates the artificial intelligence processor market to surpass $500 billion by 2028, growing from $45 billion in 2023. CEO Lisa Su highlighted that this expansion will be driven by advancements in inferencing technologies. The company introduced the MI350 Series GPUs and other products at the Advancing AI 2025 conference. AMD is promoting open architecture and developer access programs, aiming to differentiate itself from Nvidia and foster innovation within the AI sector.
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The (Mona) Lisa Effect: AMD's transformation since CEO Su's takeover
Economic Times
·
7m ago
Medial
In the world of semiconductor chip-making, Intel has long been dominant, consistently outperforming its rival AMD. However, in recent years, AMD, under the leadership of CEO Lisa Su, has made a remarkable comeback. Su's strategic decision to focus on core strengths and long-term road maps has paid off, propelling AMD's stock price and market share. AMD's success can also be attributed to its engineering risks and innovation in chip architecture. While AMD still trails behind market leader Nvidia in the GPU market, Su's leadership has significantly revitalized the company.
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Jensen Huang, the CEO of Nvidia, is on the cusp of becoming one of the richest 20 people in the world
Business Insider
·
1y ago
Medial
Nvidia's CEO, Jensen Huang, is set to become one of the world's top 20 billionaires as the company's stock continues to soar. With Nvidia's stock price increasing fivefold since the start of 2022, Huang's net worth has reached nearly $70 billion. This surge in fortune is largely attributed to the boom in artificial intelligence. Huang's wealth rose by 22% in just one day after Nvidia's fourth-quarter results surpassed expectations. With his fortune growing by 57% in less than two months, Huang is now the 21st-richest person globally.
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AMD shares tumble as CEO forecasts declining data center sales
Economic Times
·
6m ago
Medial
AMD's quarterly results surpassed expectations, yet shares fell 10% as investors were unimpressed, hoping for gains against Nvidia in AI processors. AMD reported $3.9 billion in data center revenue, missing the $4.15 billion estimate, and CEO Lisa Su forecasted a 7% decline in this segment for the current quarter. AMD faces challenges from tech giants like Microsoft and Meta, which are developing custom AI chips, while Nvidia retains a dominant market share due to its proprietary CUDA software.
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The hottest new celebrity is…a chip CEO
Livemint
·
1y ago
Medial
Nvidia CEO Jensen Huang received a warm reception during his visit to Taiwan, where he is regarded as a homegrown hero. The Taiwanese public and media closely followed his every move as the country plays a crucial role in Nvidia's success, producing many of its semiconductors and hosting several Nvidia customers. Huang's comments referring to Taiwan as a country caused backlash in China, where access to Nvidia chips has been limited due to export restrictions. Despite this, Huang's affinity for Taiwan has been embraced by locals, and he has become a symbol of the island's national success.
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India Will Be Exporting AI In Future Using Tokens: NVIDIA CEO
Inc42
·
9m ago
Medial
NVIDIA CEO Jensen Huang expressed his interest in partnering with Indian enterprises and startups to make India a leading player in the field of artificial intelligence (AI) production and export. He believes that AI is a valuable commodity with the potential to revolutionize industries globally. Huang's comments indicate a shift in India's role from solely exporting software to becoming a hub for AI production and innovation.
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AMD's latest AI solutions for data centres generate good interest
Economic Times
·
1y ago
Medial
AMD's Instinct MI300 Series AI accelerators are gaining traction among data centre operators. The semiconductor company has unveiled multiple new products, including the MI300 Series accelerators, ROCm 6 open software stack with support for large language models, and Ryzen 8040 Series processors with Ryzen AI. Major infrastructure providers like Dell, Microsoft, Meta, and HPE have announced plans to integrate these accelerators into their offerings. AMD CEO Lisa Su believes that AMD is uniquely positioned to power the infrastructure for the AI era, as the market is expected to grow at a CAGR of 70%.
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