AMD's Lisa Su Gains Ground in AI Chip Race After Nvidia CEO Exit
ndtv.com —
Nvidia CEO Jensen Huang resigned Thursday following allegations of extramarital affairs, creating a leadership vacuum that could allow rival AMD, led by his cousin Lisa Su, to close the gap in the AI chip race. AMD's market value has surged to $950 billion under Su, who joined in 2012 when the company was worth under $2 billion. Her focus on Ryzen CPUs and EPYC server processors helped rebuild the firm, with contracts for Sony's PlayStation 4 and Microsoft's Xbox One. Su and Huang are first cousins once removed, having met only later in their careers. Nvidia's board appointed finance chief Colette Kress as interim CEO while considering internal and external candidates, with some industry experts floating Su as a possible replacement.