AMD's data-center sales are set to surpass rival Intel's this year. By Adam Levine
Lisa Su turned Advanced Micro Devices into the Comeback Kid of tech. Before she took the reins in 2014, the chip maker was a perennial also-ran, lagging behind competitors Nvidia and Intel. But since her first full year as CEO in 2015, sales have grown at a 24% annual rate -- and by 38% in the most recent quarter. There are plenty of profits, too, after years of losses.
Where once AMD chips were the second choice, they are now competitive in the data-center arena, the fastest-growing semiconductor market. AMD pulled even with Intel in this market in 2024, and Wall Street analysts expect AMD's data-center sales to surpass Intel's in 2026. They will also become a majority of the company's total revenue.
In short, the artificial-intelligence boom is transforming AMD into a data-center powerhouse, reflecting the realization of Su's 2015 plan.
Su, 56, emigrated to the U.S. from Taiwan as a child and holds three electrical engineering degrees from the Massachusetts Institute of Technology. Before AMD, she worked at Texas Instruments and IBM. Tech talent runs in the family: She is a cousin of Nvidia CEO Jensen Huang, another of our Top CEOs.
Write to Adam Levine at adam.levine@barrons.com
To subscribe to Barron's, visit http://www.barrons.com/subscribe
(END) Dow Jones Newswires
June 19, 2026 21:31 ET (01:31 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments