AMD's rise continues, but CEO Lisa Su says there's more work ahead
In context: What Lisa Su has accomplished since taking over as AMD CEO in 2022 cannot be understated, from chipping away at Intel'south one time-dominant position as market leader in the consumer CPU space to increasing the visitor'south value from $2 billion to $90 billion. But the boss insists at present isn't the time to sit down dorsum and admire her work.
AMD'due south processors had long been considered the lesser culling to Intel'south CPUs, but that started changing with the launch of its Ryzen series in 2022. Team cherry-red keeps eroding its rival'south market share, as seen in numerous reports, Amazon's top-selling CPU lists, and Steam surveys. In the latter instance, AMD is expected to laissez passer the xxx% user share milestone this month.
Su's work has not gone unnoticed. AMD's 90% stock price rising two years ago put her on Bloomberg'southward 50 "people who defined 2022" list. The same year saw Su accept the title of the outset adult female to go the highest-paid CEO at an Southward&P 500 visitor afterwards her total bounty reached $58.5 1000000.
Illustrating AMD's new financial ascendancy was yesterday'southward unveiling of a $iv billion stock-repurchase plan, its first buy-dorsum since 2001. But Su said the company is non about to rest on its laurels. "Without a doubt it does non go easier," the CEO said in an interview with Bloomberg. "We're in a very competitive market. We accept big ambitions most what we want to be able to exercise."
Su also addressed the global chip shortage that's been the bane of consumers' lives for then many months. While nosotros've heard the problems could last well into 2022, Su is more optimistic, defining them as "non a disaster – these are just another example of the periodic imbalances betwixt supply and need in the semiconductor market," writes Bloomberg. She added that the situation does mean customers are at present open up to longer-term commitments, which is a bonus.
"Commonly everybody sort of plans their worlds separately, and now we're really having to plan our worlds together," Su said.
The good news for those still clamoring for a new Ryzen 5000-serial CPU is that Su believes supply of the TSMC-built chips will meliorate later this twelvemonth.
Source: https://www.techspot.com/news/89755-amd-rise-continues-but-ceo-lisa-su-there.html
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