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In Good Company with Nicolai Tangen

Lisa Su CEO of AMD

In Good Company with Nicolai Tangen

Norges Bank Investment Management

In Good Company, Business, Norges Bank, Nicolai Tangen

4.8186 Ratings

🗓️ 5 October 2022

⏱️ 26 minutes

🧾️ Download transcript

Summary

In this episode, Nicolai Tangen talks to Lisa Su CEO of AMD. They talk about why semiconductors are so critical to the global economy, how Lisa has led one the greatest turnarounds in the technology sector and current geopolitical challenges.They also discuss leadership, building teams, future of AI and Lisa even share her proudest moment.


The production team on this episode were PLAN-B’s Martin Oftedal and Olav Haraldsen Roen. Background research were done by Sigurd Brekke with additional input from our portfolio manager Richard Green.


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Transcript

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0:00.0

Lisa, many people consider you the most impressive CEO in America, so we are particularly

0:25.5

pleased to have you on the show today.

0:28.0

You are too kind.

0:29.6

Thank you, Nikolai.

0:30.3

It's great to be here.

0:31.5

You know, the revenue into the Norwegian sovereign wealth fund is from oil and gas production

0:36.9

over the last 26 years.

0:38.9

And some people say that semiconductors is the new oil. Now, why don't you tell us what your

0:44.8

semiconductors do? Yeah, so we are very excited about, you know, look, I've been in the semiconductor

0:49.9

industry, you know, over 30 years and there were times when nobody knew what a semiconductor

0:54.6

was.

0:55.7

But today, I think everybody at least appreciates that, you know, semiconductors and chips can help

1:01.1

power numerous things, whether you're talking about, you know, the chips that are important

1:06.8

for data centers and large enterprises to run their businesses or the chips that power our personal electronics,

1:13.6

you know, our cell phones, our PCs, our cars, you know, all kinds of things in our homes.

1:19.6

So I think you see semiconductor chips everywhere.

1:21.6

And, you know, we're kind of the, you know, the key ingredient to make these, all of these devices smarter.

1:28.6

But you focus in on the really powerful ones.

1:30.6

We are. We are focused at AMD.

1:32.4

We are focused on sort of the high performance, the bleeding edge of technology.

1:38.2

We build processors for large data centers, for personal electronics.

1:46.5

We also build a number of, you know, adaptive computing chips that have come in with our

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