AMD CEO Lisa Su calls market short-sighted after shares fall 17%
The gist
AMD CEO Lisa Su said the market can be "short-sighted" after shares fell 17% despite record sales.
Her pivot to data centers and a planned 2027 PC decline put gamers and PC buyers on notice.
How it unfolded
- 2022 -02Lisa Su became Chair & CEO of AMD, having been President & CEO since October 2014.
- Oct 14, 2026At OCP Global Summit 2026, Su called 2026 the "year of inference" and forecast the CPU market would exceed $200B by 2030.
- Nov 3, 2026AMD reported Q3 2026 results: sales up 45% year over year to a record $13.38 billion, adjusted earnings up 74% to $2.09 per share, and Data Center revenue up 97% to a record $8.5 billion.
Key terms
- data centers
- Facilities housing computer systems and related equipment for storing, managing, and distributing digital information.
- OCP Global Summit
- Annual conference held by the Open Compute Project, an organization that shares data center product designs and best practices among companies.
- inference
- The process by which an AI system applies rules to known facts to derive new conclusions.
Source: Wikipedia