AMD CEO Lisa Su denied a rumor that she’s leaving the chip giant and hoping to get the top post at IBM.
Still, it appears the question of IBM's succession is in the air: Last week, a Morgan Stanley analyst said that Jim Whitehurst, CEO of Red Hat, is. It's not clear where the interest in IBM's line of succession comes from, however, as Rometty hasn't given any indication of leaving.
"AMD is up 3 percent today," Marty Wolfe, president of Martnwolf M&A Advisors, told Business Insider."What that says to me is that the market isn't worried she's leaving, and her tweet reassuring her commitment to AMD worked." "There is no doubt in my mind that Lisa Su would be an aggressively-pursued executive for a CEO or president position in a larger tech company," analyst Patrick Moorehead of Moor Insights & Strategy, told Business Insider.
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