Business Today

"Blockchain tech is here to stay"

In a little over three years, Lisa Su, 48, President and CEO of Advanced Micro Devices (AMD), has changed the fortunes of the semiconductor company that develops computer processors and related technologies for business and consumer markets. When she took over AMD in 2014, the company was bleeding and reported losses of $403 million in FY2014 on revenues of $5.5 billion. In 2017, it clocked a net profit of $43 million on revenues of $5.4 billion. Su, a recreational boxer who also loves playing golf, has landed quite a few punches on competitors as she scripts a turnaround story. On a recent visit to India, which accounts for over 1,500 of the company's 9,500 employees, she spoke to Deputy Editor Venkatesha Babu about how the turnaround story is likely to accelerate. Edited excerpts:

When you laid out the three year roadmap, nobody believed AMD would be in the position

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