AMD CEO Sells Millions While Retaining Billions in Holdings

Lisa Su, CEO of Advanced Micro Devices Inc. (AMD), executed share sales under two pre-arranged Rule 10b5-1 trading plans on May 13 and June 10. On May 13, she sold approximately 148,000 shares at prices ranging from $433 to $457 per share, raising about $66.2 million (roughly ₩93 billion). That same day she also received a small transfer of shares into her pension from a family trust and a pension trust. On June 10, she sold an additional 129,000 shares at $449–$477 per share, netting around $60 million (about ₩84 billion). A June 12 filing further reflected the disposition of roughly 30,000 shares by gift. Despite these sales, Su still directly holds over 2.86 million shares, with a market value near $2.8 billion.

During this period, independent director Nora Denzel also reduced her stake via open-market transactions. On May 29 and June 2, she sold approximately 1,821 and 8,626 shares respectively at $522 per share, generating about $5.4 million (around ₩7.3 billion). Her direct holdings declined from roughly 95,000 shares to about 87,000 shares, though she remains a significant shareholder.

AMD has recently intensified its AI and server-market rivalry with Nvidia by rolling out the “Venice” 2 nm data-center chip and the Helios AI platform. Buoyed by growing demand for AI infrastructure, AMD’s stock has climbed sharply year to date.

A global leader in x86 CPUs, GPUs and data-center accelerators, AMD represents one of the foremost players in the semiconductor and AI-infrastructure markets. In her recent MIT commencement address and at various industry conferences, Lisa Su has highlighted the long-term growth prospects of AI and high-performance computing.