Lisa Su Named Time's CEO of the Year for 2024
Lisa Su Named Time's CEO of the Year for 2024

Lisa Su Named Time's CEO of the Year for 2024

News summary

Lisa Su, CEO of Advanced Micro Devices (AMD), has been named Time magazine's CEO of the Year for 2024, highlighting her transformative impact on the semiconductor company. Under her leadership since 2014, AMD has grown from a struggling entity to a formidable competitor against industry giants like Intel and Nvidia, particularly in areas like CPUs and AI-driven GPUs. This turnaround is attributed to Su's strategic innovations, product redesigns, and partnerships, resulting in AMD's stock soaring from $3 to $140. Su's efforts have positioned AMD as a key player in AI technologies, with projected AI chip revenues reaching $5 billion this year. Despite geopolitical challenges and a competitive landscape, Su remains optimistic about the future, particularly the transformative potential of AI. Her achievements underscore a broader trend of increased semiconductor demand, driven by AI advancements and global supply chain shifts.

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