Jim Cramer Credits Lisa Su for Advanced Micro’s Success

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the stocks Jim Cramer was focused on. Cramer praised the company’s CEO, Lisa Su, during the episode and stated:

“When Lisa Su took over at AMD and set her sights on taking Intel’s business, she succeeded beyond her wildest dreams. Intel had roughly 85% of the PC market when Su took over 11 years ago. AMD had about 15. Now, AMD holds about 40%. In the huge server market, AMD had only 1 to 2%. Now, it has more than 25%. In both cases, AMD’s still gaining share while Intel feels lost at sea, dazed and confused… AMD, okay, new competitor, but Lisa Su is used to it. That’s why the stock, her stock, was initially down a lot, but bounced back. You can never count out Su. She’s too good.”

Photo by Yiorgos Ntrahas on Unsplash

Advanced Micro Devices, Inc. (NASDAQ:AMD) designs semiconductors, including CPUs, GPUs, FPGAs, and adaptive SoCs, along with AI accelerators and custom solutions. Its products are sold under different brands, including Ryzen, Radeon, EPYC, Instinct, and Versal.

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Disclosure: None. This article is originally published at Insider Monkey.