Two Major Developments on the Same Day.. Setback for Jensen Huang, Rare Honour for Lisa Su

Jensen Huang, former CEO of Nvidia, and Lisa Su, CEO of rival chipmaker AMD, are not just competitors in the artificial intelligence and semiconductor industries but also distant relatives. Their professional journeys made headlines on the same day following two contrasting developments. Huang resigned as Nvidia’s CEO on November 12 amid reports and allegations concerning his personal relationships. The company appointed its Chief Financial Officer, Colette Kress, as interim CEO while beginning the search for a permanent successor. On the same day, Yahoo Finance named AMD chief Lisa Su its ‘CEO of the Year 2026’. The simultaneous announcements sparked considerable discussion in the technology industry.

Lisa Su has been widely credited with transforming AMD from a struggling company into a strong competitor in the semiconductor and AI chip markets. She took over as CEO in 2014 and focused on high-performance computing, data centres and artificial intelligence to drive the company’s growth. According to Yahoo Finance, AMD shares recorded significant gains this year, and the company’s market capitalisation crossed the one-trillion-dollar mark in September. Meanwhile, Nvidia’s board is working towards appointing a permanent successor following Huang’s resignation. The leadership turmoil at Nvidia could create opportunities for AMD, analysts believe. However, there is no clear evidence yet that Nvidia customers or investors are shifting towards AMD as a direct result of the developments.