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CEO Cousins: Nvidia's Huang Out, AMD's Su Poised to Gain
14 Nov
Summary
- AMD CEO Lisa Su is the cousin of former Nvidia CEO Jensen Huang.
- Nvidia faces leadership void after Huang's resignation due to personal conduct.
- AMD's market value soared to $950 billion under Su's leadership.
Nvidia's long-time CEO, Jensen Huang, has resigned, creating a significant leadership vacuum at the prominent chip manufacturer. This development occurs as his cousin and rival, Lisa Su, heads AMD, a company she has dramatically revitalized.
Su joined AMD in 2012 when its market value was less than $2 billion. Under her leadership, AMD has achieved a market valuation of $950 billion, driven by innovations in high-performance graphics, including its Ryzen CPUs and EPYC server processors.
Huang's departure on Thursday followed mounting pressure concerning his personal conduct and alleged extramarital affairs with Nvidia employees. Nvidia has appointed Colette Kress as interim CEO while they search for a permanent replacement.
Su's strategic 'semi-custom' approach at AMD was instrumental in securing contracts to design chips for consoles like the PlayStation 4 and Xbox One. Her success positions AMD strongly amidst Nvidia's leadership transition.
