'AMD' CEO Sells Hundreds of Millions in Stock Amid AI Competition, Secures Major Performance Compensation Shares

At Advanced Micro Devices, Inc. (AMD), SEC filings show that CEO Lisa T. Su and other senior executives have sold shares of the company’s common stock over the past few weeks or disposed of a portion of their holdings to cover tax obligations upon vesting.

On March 12, Ms. Su, under a pre-established Rule 10b5-1 trading plan, sold 80,000 shares of common stock at an average price of approximately $197 to $203 per share, raising about $15.9 million (roughly ₩20 billion). She still personally holds over 3.14 million shares and approximately 360,000 performance-based restricted stock units (RSUs).

On March 11, Paul Darren Grazby, Executive Vice President and Chief Strategy Officer, sold 7,500 shares of common stock at about $204.87 per share, netting roughly $1.54 million (around ₩2 billion). On February 15, Executive Vice President Forrest Eugene Norrod conducted a routine compensation settlement by disposing of shares—generated through RSU and performance-based RSU vesting—worth about $6.3 million (around ₩8 billion) to cover his tax withholding obligations.

Earlier this year at CES 2026 and in recent announcements, AMD unveiled its 2-nanometer–based Epyc “Venice” server CPU, the Instinct MI400 series AI accelerators, and the Helios rack-scale AI platform, all slated for a 2026 release as part of its intensified push into the data center and AI infrastructure markets.

In industry interviews and outlook statements, Ms. Su has projected that global compute demand will rise severalfold in the coming years. She has outlined plans to expand investments and partnerships across AMD’s full product portfolio, encompassing CPUs, GPUs, and AI accelerators.

Born in Tainan, Taiwan, in 1969, Ms. Su moved to the United States to earn bachelor’s and doctoral degrees in electrical engineering from MIT. Since taking the helm at AMD in 2014, she has overseen multiple-fold revenue growth and steered the company toward a focus on AI and high-performance computing.

Headquartered in Santa Clara, California, AMD is a semiconductor design company whose server-grade Epyc CPUs, Instinct AI accelerators, and processors for PCs and gaming consoles make it a key player—alongside NVIDIA and Intel—in the global high-performance computing and AI chip market.