Why it matters: After a gangbuster performance on the stock market for the last several years, AMD, CEO Dr. Lisa Su, and its executive leadership team have been under the glare of a lot of media attention recently. Despite the apparent pressure, however, the company keeps coming out swinging and the announcements from last week’s Financial Analyst Day indicate that AMD is showing no signs of letting up. In fact, the key takeaway from the event was that the company leadership—and apparently many of the financial analysts who attended—now have even more confidence in the business’ future. The company was even willing to reiterate its guidance for the first quarter, which, given the impact of the coronavirus on many its customers and the tech industry as a whole, was an impressively optimistic statement. As a long-time company observer, what particularly stood out to me was that the company has now built up a several-year history of achieving some fairly grand plans based on big decisions it made 4-5 years back. In the past, previous AMD leadership has also talked about big ideas, but frankly, they weren’t able to deliver on them. The key difference with the current leadership team is… Read full this story
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