They can't find new leaders! Sharon Zhou, VP who handles all our engagements with the frontier labs quit today to be an MTS at Anthropic. https://lnkd.in/p/g53S3-fG

Sharon was the AI Chief of Staff brought in through an acquihire, managed all the high-visibility external/internal AI engagements, reported directly into Lisa Su, and was being groomed to be Lisa's successor. Even with all that, she couldn't make it 2 years at AMD.

I don't see any way out of this hole. We can't fire our execs and promote internally because our internal directors/VPs are mostly non-technical. We've been trying to pull leadership in with acquihires but we've been losing them too. Best win was replacing Alan Lee w/ Anush Elangovan which finally got ROCm working but there's a massive re-org coming he might not survive.

Ryzen series chips might not have been released if AMD's entire leadership team was sacked many years ago.

The heavy investments into HMB between SK Hynix & AMD might also not have happened. They went down this road before HMB demand popped off and it was a risky bet.

What are we talking about in this thread. This post is literally about AMD revenue going wild during the AI boom.

"The fact that you can sit through both a mining boom and now a generational AI boom..."

It's not necessary for every company to 'revenue maxx' by jumping on every trend.

AMD made $3.5 billion in profit last year, money left over after all salaries were paid and all expenses were settled. It might be galling to this generation of avarists, but maybe that's enough?

'Doing a decent job' seems to have become seen as archaic these days, which explains much of how the stock market works. The line doesn't _have_ to keep going up faster and faster.

Intel have gone through 3 leadership teams in 10ish years

Even Yahoo has an AI and better search results than they did in the past…

I think Intel figured out way to be even worse…