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Benzinga
Benzinga
Business
Marc Guberti

AMD Isn't Keeping Up With Meta Platforms' $100 Million Salaries For AI Talent, And The Reason Is Brilliant

AMD Meta Lisa Su Nasdaq Wired
Advanced Micro Devices

Advanced Micro Devices (NASDAQ:AMD) pays its AI experts well, but it's not following Meta Platforms' (NASDAQ:META) footsteps. AMD CEO Lisa Su recently said that the AI chipmaker will not offer $100 million packages to compete with Meta Platforms as they recruit AI talent.

Su mentioned that money is "not necessarily the most important thing when you're attracting talent" in an interview with Wired. While it might sound like AMD is taking the cheap route, the company pays its employees well, and Su's expanded explanation reveals key business lessons.

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