Lisa Su, CEO of Advanced Micro Devices (AMD), has been named CEO of the Year by TIME magazine. AMD is an American technology company.
Su was born in Taiwan and was raised in New York. She did her PhD in electrical engineering from the Massachusetts Institute of Technology.
She spent the initial few years of her career at Texas Instruments and IBM, which shaped her understanding of business and technology.
She took charge of AMD in 2014 when the company was in deep financial turmoil. Its stock had plummeted to around $3 per share.
Under Su’s leadership, AMD transformed its strategy, emphasising innovation and focusing on developing high-performance processors for consumers and enterprises.
Su’s first major breakthrough was in 2017 when the company introduced its Zen chips, processors that offered exceptional speed and efficiency.
Its market share in the cloud-CPU space started rising gradually, and its stock price skyrocketed from $3 to nearly $140 today.
The company’s current market share in the cloud-CPU space is 34%. In 2022, it surpassed Intel in terms of market value for the first time.
Under Su’s tenure, AMD evolved from an emerging company to a dominant player in the semiconductor industry, competing with giants like Nvidia and Intel.
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