Lisa Su Named Time’s CEO Of The Yr For Reworking AMD

Lisa Su, CEO of AMD, has been named CEO of the Yr by Time magazine and is featured on one in every of its newest covers, alongside an in-depth interview. This recognition highlights Su’s management and her position in remodeling AMD into a serious participant within the semiconductor trade.

Lisa Su took the helm at AMD in 2014 throughout a difficult interval when the corporate confronted important debt and layoffs affecting 25% of its workforce. Underneath her management, AMD skilled a outstanding turnaround. Over the previous decade, AMD’s inventory worth elevated by 50%, and in 2022, the corporate surpassed Intel in market capitalization—a serious milestone for the corporate.

Regardless of latest challenges within the tech trade, AMD has continued to excel, because of its progressive processors and strategic investments. Lisa Su stays targeted on AMD’s long-term development, significantly in competing with NVIDIA within the synthetic intelligence (AI) market. Whereas NVIDIA presently dominates the AI sector, Su emphasizes that AMD’s funding on this space represents a “5-to-10-year arc” to construct a strong and aggressive basis.

This accolade from Time additional cements Su’s repute as a transformative chief, guiding AMD to new heights whereas navigating an more and more aggressive trade panorama. In the meantime, Intel struggles, marked by inside instability, together with the departure of its CEO, Pat Gelsinger.

AMD’s continued developments and strategic imaginative and prescient underneath Lisa Su’s management reinforce her standing as a key determine within the tech world, driving innovation and resilience throughout her tenure.

Filed in General. Learn extra about AMD and Time.