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The Latest Breaking News from Lisa Su

Altimeter Capital CEO Brad Gerstner Breaks Down AMD-OpenAI GPU Bet, Says Lisa Su Is Betting The Farm To Catch Up To Rival Nvidia

Last week, Altimeter Capital CEO Brad Gerstner described Advanced Micro Devices Inc.'s (NASDAQ:AMD) multi-billion-dollar deal with Sam Altman's OpenAI as a "bet-the-farm" moment for CEO Lisa Su — one that could reshape the balance of power in the AI chip race currently dominated by Nvidia Corp. (NASDAQ:NVDA).

Benzinga

Weekend Tech Roundup: China Targets Nvidia, Meta's AI Glass Ambitions, AMD's Bet And More

From China’s crackdown on Nvidia’s AI chips to Google’s controversial AI healthcare tool, the tech industry was abuzz this week with developments that could shape the future of technology.

Benzinga

AMD will beat Nvidia to launching AI GPUs on the cutting-edge 2nm node — Instinct MI450 is officially the first AMD GPU to launch with TSMC's finest tech

AMD is set to use TSMC's leading-edge N2 fabrication process for its next-generation CDNA 5-based Instinct MI450 accelerators, but Nvidia's Rubin may have an edge over these GPUs when it comes to brute force compute performance.

Tom’s Hardware

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Dizzying deal delirium: How the AI bubble bursts

At our Yale Chief Executive Leadership Institute CEO Summit in June, we heard similar admonitions from over 150 top CEOs. They've seen this before.

Fortune

Lisa Su Isn't Worried About AI Hype Fears, Says Big Bet With OpenAI Could Pay Off 'Tens Of Billions Of Dollars' — AMD Stock Spikes 1.5% After Hours

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) extended their momentum in after-hours trading on Monday, rising 1.53% following a nearly 24% surge during the regular session.

Benzinga

AMD Stock Surges on OpenAI Deal

Advanced Micro Devices could see tens of billions of dollars in new revenue from the ChatGPT maker as the AI infrastructure buildout accelerates.

Kiplinger

"Advancing the entire AI ecosystem" — AMD and OpenAI announce bombshell computing deal worth tens of billions of dollars

AMD and OpenAI today announced a partnership that will see the former deliver 6 gigawatts of compute power over the next five years for OpenAI's next-gen infrastructure. Here's what you need to know.

Windows Central

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OpenAI and AMD announce multibillion-dollar partnership — AMD to supply 6 gigawatts in chips, OpenAI could get up to 10% of AMD shares in return

AMD and OpenAI have announced a multibillion-dollar partnership to collaborate on AI data centers powered by AMD chips.

Tom’s Hardware

'Are we going to bet the company's road map on chiplets?' AMD's CEO Lisa Su reminds us how fortunate it was that its executives all said yes

'I really do believe for tech companies, the key is you have to be best at something.'

PC Gamer

Trump's Chip Plan Could Mean Big Trouble For Apple And Dell

The Trump administration is preparing a sweeping plan to cut U.S. dependence on foreign-made semiconductors and expand domestic manufacturing.

Benzinga

Exclusive: "Massive ten-year" AI boom is just starting, AMD CEO says

Lisa Su told the Axios AI+ DC Summit we can't even envision some advancements AI will enable five years from now.

Axios

AMD quietly launches new Zen 5, Zen 4, and Zen 3 chips aimed at budget builders — meet the F-series processors without integrated graphics

Just when you thought Zen 3 was in the rearview, AMD adds another new CPU. It also announced a new option for Zen 4, as well as two new F-series Ryzen 9000 chips.

Windows Central

AMD drops hint that it's planning a big GPU surprise for Nvidia soon, though I'm not fully convinced it's the rumored RX 9080 XT

Might AMD have a secret weapon of a GPU waiting in the wings – perhaps to take on Nvidia's RTX 5000 Super refreshes?

TechRadar

What’s better than a $100 million job offer?

Vibrant corporate cultures, meaningful missions, and strong teams help companies keep their best employees from defecting. (But better pay helps, too.)

Fortune

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Benzinga

Mark Zuckerberg's AI Bidding War: Lovable CEO Anton Osika Says 'He's Paying More For That Knowledge Than For These People'

Mark Zuckerberg is paying NFL-style salaries to secure the few experts who can train large foundation models, but not every founder believes those recruits guarantee success.

Benzinga

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

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.

Benzinga

Elon Musk Must Face Lawsuit Over Alleged $1 Million Election Lottery As Judge Cites Voter Fraud Claims, Data Harvesting Concerns

On Wednesday, a federal judge ordered Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk to face a lawsuit accusing him of running an illegal $1 million-a-day election giveaway during the 2024 presidential campaign.

Benzinga

Bernie Sanders Hails St. Charles Residents For Defeating Secretive 440-Acre Data Center: 'People Stand Up To Unfettered Corporate Greed'

Sen. Bernie Sanders (I-VT) has praised residents of St. Charles, Missouri, after public pressure reportedly forced developers to withdraw plans for a massive data center project that sparked concerns over energy, water and property values.

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Benzinga

Mark Zuckerberg Once Admitted He Made An Early Mistake That Cost Him Billions, But Then Said It's Fine: Here's Why

The Meta Platforms, Inc. CEO Mark Zuckerberg once reflected on one of the most pivotal — and costly — missteps in Facebook's early history during a candid talk at Y Combinator's Startup School.

Benzinga

Scott Bessent Sees Nvidia-AMD China Deal As Blueprint, Facebook Users Claim $725 Million, Intel Surges On Trump Stake Buzz — Weekly Tech Recap

The weekend was a whirlwind of tech and market news. From a massive data privacy settlement for Meta Platforms (NASDAQ:META) to a unique revenue-sharing agreement between the U.S. government and chip giants, the stories were as diverse as they were impactful.

Fortune

AMD’s billionaire CEO says AI is overwhelming right now—but she disagrees with former Google exec who predicts the tech will be a job-killer

As AI wipes the job market for Gen Z, AMD CEO Lisa Su insists she’s still hiring at the $300 billion semiconductor company—and believes humanity will not be outpaced by AI.

Benzinga

Lisa Su Pushes Back Against Mark Zuckerberg's $100 Million AI Hiring Frenzy: 'Money is important... Not Necessarily The Most Important Thing'

Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Lisa Su has rejected Silicon Valley's escalating million-dollar AI talent war, highlighting mission alignment and workplace impact over staggering salaries.

Fortune

AMD CEO won’t offer $100 million salaries to poach talent like Mark Zuckerberg. She says it’s more important staff don’t feel like ‘a cog in the wheel’

Lisa Su, CEO of $284 billion semiconductor titan AMD, is in agreement with Anthropic leader Dario Amodei that nine-figure pay packages can’t buy innovation or loyalty.

PC Gamer

When CEO Lisa Su is finished making AMD the default choice for GPUs, she wants to use AI to help fix the 'travesty' that is modern healthcare

Medicine isn't joined up enough.

Benzinga

Data Centers Now Consume 5% Of US Power, Set To Double As $6.7 Trillion Buildout Sparks Grid Concerns

The surging demand for artificial intelligence and cloud computing is fueling an unprecedented expansion of data centers, triggering warnings about looming strains on America's power grid.

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