AMD CEO Has Big Plans For The Desktop Market

Despite some negative reviews and a disappointing launch of Advanced Micro Devices Ryzen line of desktop computer processing units, the company has some big plans for the market and more products coming.

Shares of AMD have climbed over 400% over the last year but fell on Thursday after a not so great launch of Ryzen. They were down more than 5% on Friday.

CEO Lisa Su told CNBC on Friday, “What’s really important to [AMD] is putting out great products. If the stock does well, that’s gravy on top.”

She told CNBC’s Squawk Alley, “PC gaming is a great way to reach millions of people.” The company is now in a “multiyear product strategy,” with lots of products coming.

In regards to Ryzen, she said the company continues to run performance tests to make sure its products can “meet or beat” the competition.

“We are ramping up supply,” said Su. “We will ship millions.”

Looks like she has some very big hopes for AMD and the desktop market and one disappointing launch isn’t going to stop the company.

Disclaimer: We have no position in Advanced Micro Devices, Inc. (NASDAQ: AMD) and have not been compensated for this article.

Sofia Vida

Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.

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