She brought AMD back from the brink of bankruptcy | Risk Takers

Video
Even though the company was bleeding money, laden with debt and staring down a potential bankruptcy, becoming chief executive of chip maker Advanced Micro Devices was a dream job for Lisa Su.

“When you grow up as a tech person — and I spent my career in semiconductors — there aren’t that many large US semiconductor companies. So I was really excited to become CEO,” Su told CNN Business. She liked that she could walk around a Best Buy and pick up a laptop, knowing that the microchip or processor her company built was powering it.

Not everyone would have been so enthusiastic. When Su took the helm of AMD in 2014, its stock was heading toward an all-time low.

But Su, now one of the most powerful women in tech, likes a challenge. She says that’s why she became an engineer in the first place. She had to make bold bets — some of which wouldn’t begin pay off for five years — to turn AMD around.

Read more about AMD’s turnaround: https://cnn.it/340nLyv

Producers: Richa Naik, Frank Fenimore, Logan Whiteside

#CNN
#AMD
#Business

CNN Business’ Risk Takers is a series hosted by Rachel Crane about the leaders making the biggest bets designed to push global business into the future. https://cnn.it/2QguYFc

Interested in more of CNN Business? Subscribe to our channel: http://bit.ly/3cz80Ta

More of CNN Business
Facebook: http://bit.ly/2Ts9w1T
Twitter: http://bit.ly/3au548r
Instagram: http://bit.ly/2VQPuzF

Products You May Like

Articles You May Like

Here’s what America’s top CEOs are saying about a possible recession in 2023
Taking required minimum distributions? How to reduce the sting of selling in a down market
GameStop reports decline in revenue and sharp decrease in cash
Jamie Dimon says Ukraine war shows we still need cheap, secure energy from oil and gas
Stocks making the biggest moves after hours: GitLab, Herbalife and more

Leave a Reply

Your email address will not be published. Required fields are marked *