LISA SU
AMD stock today surges 12% after Oppenheimer upgrades Advanced Micro Devices, while Nvidia slides amid board investigation report
AMD stock price today: AMD shares surged more than 12% on Monday after Oppenheimer upgraded the stock and set a $600 price target. A Google Cloud partnership, strong data centre growth and CEO Lisa Su’s confidence in AI chip demand also supported the rally, even as Nvidia faced a separate investigation involving its CEO.
European Union sues IBM and two European companies over troubled border system: Report
The European Union has initiated legal proceedings against IBM, Atos, and Leonardo for delays in the Entry/Exit System. EU-Lisa reported these delays occurred during the system's development, not affecting its operation. The consortium was awarded a contract in 2019 for implementation and maintenance. In a letter from October 2021, the companies contested a fine imposed on them. They cited external factors like the COVID-19 pandemic as reasons for the delays.
AI boom turns chip packaging into the next battleground for semiconductors
Billions of dollars are being invested in advanced chip packaging due to the demand for AI chips. This growing need is pushing companies to expand their production capacities significantly. Taiwan's TSMC is at the forefront of packaging technology, yet limitations have spurred alternatives.
US stock futures rise after midterms: Why are Dow Jones futures up nearly 800 points despite a Democratic sweep? S&P 500, Nasdaq gain as AMD and Nvidia stocks climb
Why are US stock futures rising after Democrats win the Senate and House? Dow leads Wall Street rally as AMD, Nvidia and semiconductor stocks gain. Earlier, at 06:02 ET, Dow futures were up 801 points, or 1.6%. S&P 500 futures were up 80 points, or 1.1%, and Nasdaq 100 futures were up 286 points, or 1.0%.
AMD shares jump as AI-driven data-center strength fuels growth outlook
AMD, which recently joined the ranks of trillion-dollar companies, has gained about 126% this year and is poised to add about $58 billion in market value if premarket gains hold. The company's strong outlook highlighted growing momentum in its server processor business, signaling that spending on AI computing was extending beyond Nvidia's accelerators, which dominate the market.
AMD and Meta advance strategic partnership to power Meta's Superintelligence Infrastructure
Advanced Micro Devices, or AMD, is teaming up with Meta to enhance its superintelligence infrastructure. As part of this strategic partnership, AMD plans to invest a whopping $1 billion into Meta’s projects. This collaboration aims to push the envelope on advanced technologies and improve how superintelligence functions within Meta's framework.
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Meet Lisa Su, MIT graduate who began her semiconductor career at Texas Instruments, later she became AMD CEO
Su was born in Taiwan, and moved to the US with her family when she was a young child. She developed an interest in technology early in life, which later led her to study electrical engineering at the Massachusetts Institute of Technology (MIT). Su also worked at Texas Instruments, IBM and Freescale Semiconductor. Her experience combined technical research with
Apple names Meta veteran Scott Tucker as litigation chief in legal team shake-up
Apple has hired former Meta litigation chief Scott Tucker as vice president of global litigation and financial services, strengthening its legal leadership amid mounting antitrust, patent and other lawsuits. The appointment is part of a broader reorganisation under General Counsel Jennifer Newstead, as the iPhone maker faces legal setbacks threatening its services business.
Trump honours Microsoft's CEO Satya Nadella after Vance drops H-1B visa hammer on company
President Donald Trump recognized tech leaders including Satya Nadella with National Medals for their achievements during a ceremony. Vice President JD Vance announced the suspension of Microsoft's green card applications due to alleged visa abuse. Vance criticized Microsoft for laying off American workers while hiring foreign employees. The event coincided with ongoing discussions about the implications of AI on the economy.
Donald Trump gives 'national treasure' Elon Musk top US medal after rift
Donald Trump presented Elon Musk with the top US science medal on Thursday, as the rocket tycoon fully returned to the president's orbit after an explosive bust-up. Trump and Musk gave an amiable if awkward performance on Thursday, with president patting the tycoon on the back and giving him a wooden case containing his medal.
Trump plans to honour Microsoft's CEO after Vance drops H-1B visa hammer on company
The crackdown on Microsoft came under Vance's purview as the head of a fraud task force, but the targeting revealed the tension between the companies powering US economic growth and the administration's efforts to reduce immigration that it says has come at the expense of American workers.
Trump plans to honor Microsoft's CEO after Vance drops an H-1B visa hammer on the company
Vice President JD Vance announced that Microsoft has been suspended from the skilled foreign worker visa program. This decision coincides with President Donald Trump's intention to accolade tech giants, including Microsoft CEO Satya Nadella. Vance condemned Microsoft's actions, stating their layoffs of U.S. employees contradict their reliance on H-1B visas, suggesting they misused the system.
AMD CEO Lisa Su courts Korean AI chipmakers as it takes on Nvidia
AMD Chair and CEO Lisa Su put Korean AI chips at the center of partnership talks in Seoul on Wednesday, exploring how they could work alongside AMD processors in systems built for global markets, reported The Korea Herald.
Trump expected to award science medal to SpaceX's Elon Musk, other tech leaders
US President Donald Trump will present the National Medal of Science to Elon Musk and other innovators. The White House event will discuss the impact of private-sector investment in scientific breakthroughs and technology. Musk's relationship with Trump has improved following a previous dispute over government contracts. The awards ceremony is significant as it is the first of its kind during Trump's administration.
US stocks: S&P 500, Nasdaq reach record closing highs as focus pivots to earnings
The US stock market finished on a high note, buoyed by stabilizing crude prices and easing Treasury yields, offering much-needed relief to investors. The S&P 500 and Nasdaq celebrated record closing highs, indicative of a widespread market upturn. With third-quarter earnings just around the corner, excitement is building among analysts and investors, especially with notable announcements from companies like AMD and Constellation Energy.
Why US stocks are rising today: S&P 500, Nasdaq hit records as easing yields and oil fuel AI rally
On Tuesday, the S&P 500 and Nasdaq hit all-time highs, buoyed by falling Treasury yields and easing oil prices. Investors are optimistic as they look forward to the upcoming earnings season, particularly for technology stocks. While many of the Magnificent Seven saw upward trends, Apple and Alphabet experienced minor losses.
Global Market: AMD to increase AI chip supply substantially in 2027 to meet rising demand
AMD plans to substantially increase chip supplies in 2027 as demand for AI processors accelerates. CEO Lisa Su is working with key suppliers in Taiwan and South Korea to expand manufacturing and secure advanced wafer and memory capacity.
AMD plans to substantially increase supply in 2027, CEO says
AMD, Nvidia's closest rival in AI graphics processors, has been rapidly expanding its AI chip business, with its market value recently topping $1 trillion amid an AI-driven rally.
What have leading AI firms agreed to in Trump's Super Intelligence accord
In a significant collaboration spurred by concerns over AI advancements, tech giants convened at the White House to ink a Super Intelligence accord focused on boosting AI safety. While this agreement sets out voluntary safety benchmarks, it has no legal obligations at present. Major firms like Google and OpenAI will implement robust internal controls and monitoring of their AI systems, with independent committees ensuring thorough audits for accountability.
Trump calls Sundar Pichai a ‘monster’; Google CEO has the perfect comeback: 'Hopefully a better tagline than I’m a...'
During a recent press interaction, US President Donald Trump humorously referred to Google CEO Sundar Pichai as a 'monster'. Trump's playful comment emphasized how little people know about Pichai and stressed his name distinctly. In response to the compliment, Pichai made a light-hearted joke regarding the situation. This unexpected exchange between them captured attention and prompted reactions online. The moments showcased the humorous dynamics of their relationship during the engagement.
Meet Fei-Fei Li, the 49-year-old Chinese-American AI scientist who built a 15-million-image dataset and transformed computer vision
Fei-Fei Li is a Chinese-American AI scientist whose work helped advance computer vision and image-recognition technology. Popular in technology circles as the “Godmother of AI,” she helped establish a 15-million-image dataset and have a foundational role in the deep-learning revolution. Li later founded World Labs, a San Francisco-based company developing Large World Models created to understand three-dimensional environments.
AMD to acquire Fei-Fei Li's World Labs in $8.2 billion deal
San Francisco-based World Labs, which raised $1 billion in a funding round earlier this year, develops spatial-intelligence models.
Trump-Xi state dinner at White House attended by 21 billionaires with combined wealth almost equal to Canada’s GDP
On September 24, US President Donald Trump hosted a high-profile state dinner welcoming Chinese President Xi Jinping. The event saw the presence of over 130 distinguished guests, including key figures from the tech and business sectors of both nations. The dinner served as a platform to address vital issues, such as trade dynamics, artificial intelligence developments, and tariffs, amidst ongoing tensions.
Trump-Xi dinner: Elon Musk, Jeff Bezos, Sam Altman, Huang, Nadella among star-studded guest list
Billionaires and leaders from the technology sector gathered at the White House for a state dinner. This event hosted Chinese President Xi Jinping and his wife, Peng Liyuan, with various US officials. The discussions included trade, artificial intelligence, and strategic issues between the two nations. Trump highlighted his friendship with Xi during the dinner and emphasized mutual cooperation.
How AMD went from Intel’s smaller rival to a $1 trillion AI contender
AMD achieved a $1 trillion market capitalisation as of September 21. The company’s rise is attributed to its success in AI computing and product innovation. Under CEO Lisa Su, AMD has transformed its business and expanded its offerings beyond CPUs. Recent acquisitions have bolstered AMD's capabilities in graphics processing and data center solutions.
Supportive of efforts by model companies to take more responsibility: AMD tech chief
Advanced Micro Devices (AMD) is supportive of the comments made by AI industry leaders on slowing down development of frontier models to address safety risks, said the US chipmaker’s chief technology officer, Mark Papermaster.
Quote of the day by Lisa Su: 'Dream big. This is the time to have a big, bold, audacious dream and follow your...' – AMD CEO’s inspiring advice to students and young professionals on ambition, chasing dreams, growth, success and thinking big in the AI era
Quote of the day by Lisa Su: AMD CEO Lisa Su inspires future leaders. She emphasizes dreaming big and embracing opportunities. Su highlights the current era as the beginning of a new wave. Her message encourages bold ambitions. She shares insights on learning and career growth. Su's journey from tinkering to leading AMD is a testament to her vision.
AMD stock skyrockets 7,000% under Lisa Su, yet her net worth is still a fraction of Nvidia CEO Jensen Huang's - here's the reason
AMD’s stock has gone up a lot under CEO Lisa Su, making the company very valuable in the tech world. Even with this huge success, her personal wealth is much smaller than Nvidia CEO Jensen Huang’s. The story shows how company founders often become richer because they own bigger parts of their businesses.
This CEO of an AI titan holds meetings on weekends and sends feedback after midnight
Advanced Micro Devices (AMD)'s CEO has recently stated that going against the wave of the new work culture has proved to be beneficial for the company's turnaround in recent months. Holding meetings on weekends and feedbacks at late hours is being claimed to have become a boon for AMD's staff and management, says CEO Lisa Su, who has also been named as Time's CEO of the Year
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