Over the course of a decade, AMD CEO Lisa Su engineered a huge turnaround at the once-languishing chipmaker — and saw her net worth rise in the process.
Lisa Su , chair and chief executive officer of Advanced Micro Devices Inc . , during the AMD Advancing AI event in San Jose, California, US, on Wednesday, Dec. 6, 2023.Su was named Time's CEO of the Year for 2024 on Tuesday, and the 55-year-old's net worth has soared alongside AMD's success — up to $1.3 billion,in April. For comparison, Su was paid a base salary of $1 million and a performance-based bonus of $1.
Born in Taiwan, Su immigrated to the U.S. with her parents at age 3 so her father, a mathematician, could attend graduate school in New York. Growing up, "my father used to quiz me with math tables at the dining room table," she toldSu wasn't initially interested in following her father's footsteps into a STEM career. As a teenager, she dreamed of becoming a concert pianist, she said: "I wasn't good enough to do that, so I became an engineer.
"I felt like I was in training for the opportunity to do something meaningful in the semiconductor industry," she said. "And AMD was my shot."Su is one of few Fortune 500 CEOs with a PhD. Her engineering background helped her spearhead some of the technological innovations — including a new faster CPU chip for computers — that drove AMD's recent success., Time reported.
, Time reported: sell only high-quality products, deepen customer trust and simplify the firm's operations. The long-term plan took time to pay dividends, but in 2022, AMD surpassed Intel in both market value and annual revenue."When you invest in a new area, it is a five- to 10-year arc to really build out all of the various pieces," said Su. "The thing about our business is, everything takes time.
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