CEO of the Year is Lisa Su of AMD #amd #ceo #ai @3DGAMEMAN
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Source: https://www.techspot.com/news/105914-time-names-amd-boss-lisa-su-ceo-year.html
This article highlights Lisa Su's remarkable leadership at AMD, culminating in her being named Time's CEO of the Year. Here's a summary of the key events and points:
AMD's Transformation Under Su: The article emphasizes the dramatic turnaround AMD experienced under Su's leadership. When she took over, the company was in significant debt, had downsized drastically, and was struggling. Now, it's a major force in the tech industry.
Key Milestones: Several key moments are highlighted:
The launch of the Zen architecture in 2017 was a turning point.
In February 2022, AMD's market capitalization surpassed Intel's for the first time.
AMD's brand value has risen significantly, surpassing even established brands like Intel, Disney, Samsung, and Xbox.
Dominance in the Consumer CPU Market: While acknowledging NVIDIA's dominance in GPUs and AI accelerators, the article stresses AMD's recent success in the consumer CPU market. Strong sales figures from retailers like Mindfactory and Amazon, along with record-high market share in the Steam hardware survey, support this.
Product Performance: The article mentions the mixed reception of Zen 5 (underwhelming) and Arrow Lake (disappointing), but highlights the success of the Ryzen 7 9800X3D as a top gaming CPU.
AMD's Expanding Reach: The article notes AMD's presence in gaming consoles and handhelds, further demonstrating the company's growing influence across various tech sectors.
Su's Leadership Philosophy: The article quotes Su's belief that "leaders are trained," emphasizing the importance of development and learning in leadership.
Challenges and Context: The article also acknowledges some challenges:
Competition from NVIDIA in the AI chip market.
Weakening PC sales.
A recent stock downgrade by Bank of America.
Connection to NVIDIA: The article mentions the connection between Su and NVIDIA CEO Jensen Huang (they are cousins), noting that Huang was also featured on Time's cover in 2021.
In short, the article celebrates Lisa Su's exceptional leadership in transforming AMD from a struggling company to a major player in the tech industry. It highlights key achievements, market successes, and the company's expanding reach while also acknowledging existing challenges and the competitive landscape.