Introduction
AMD has announced a significant leadership change as President Victor Peng plans to retire on August 30, 2024.
Victor Peng, the President of AMD, is set to retire on August 30, 2024. He will continue to serve in an advisory role until his retirement to ensure a smooth transition.
Vamsi Boppana, currently the Senior Vice President of the Artificial Intelligence Group, will take over the AI business. Boppana has been with AMD since the acquisition of Xilinx in 2008 and has held various technical and business leadership positions.
It’s a significant change for AMD, especially given Peng’s extensive contributions to the company and the industry over his 40-year career.
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Victor Peng Retires After Steadfast Leadership
AMD has announced that its President, Victor Peng, will retire on August 30, 2024. Peng has been integral to AMD’s datacenter GPUs, programmable solutions (FPGAs and SoCs), and embedded solutions business.
He will stay in an advisory role until late August. His retirement marks the end of a significant chapter for AMD. Peng played a pivotal role in the company’s recent advancements and strategic direction.
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A Remarkable Journey with AMD
Victor Peng rejoined AMD in 2022 following the company’s acquisition of Xilinx, where he previously served as President and CEO.
His return was instrumental in integrating Xilinx’s embedded business into AMD and expanding its capabilities.
Peng was also at the forefront of AMD’s AI strategy, driving innovation across the company’s various product lines.
Victor Peng has had a significant impact at AMD, particularly in the following areas:
- Integration of Xilinx: After AMD acquired Xilinx in 2022, Peng played a crucial role in successfully integrating and scaling AMD’s embedded business.
- Leadership in AI Strategy: He led AMD’s cross-company AI strategy, helping to position the company as a leader in AI hardware and software solutions.
- Expansion of Adaptive Computing Solutions: Under his leadership, AMD became the industry’s top provider of FPGA (Field-Programmable Gate Array) and adaptive computing solutions.
- Product Development: Peng was instrumental in the development and delivery of key technologies like the Versal ACAP (Adaptive Compute Acceleration Platform) and the Alveo family of acceleration cards.
- Market Growth: He accelerated AMD’s growth by increasing its market share and expanding into new markets, particularly the data center market.
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New Leadership: Vamsi Boppana
As part of the transition plan, Vamsi Boppana, Senior Vice President of the Artificial Intelligence Group, will take over the responsibilities of overseeing AMD’s AI and HPC (High-Performance Computing) efforts.
Boppana will lead the AMD Instinct data center AI and HPC accelerator business, positioning AMD to continue its growth and leadership in these critical areas.
Boppana’s career at Xilinx, starting in 2008, includes various technical and leadership roles. His focus on AI software, ecosystem development, and hardware roadmaps has prepared him well for his new responsibilities.
Under his leadership, AMD aims to consolidate its AI and HPC initiatives, ensuring streamlined management and strategic alignment.
Ensuring Continuity in Leadership
Salil Raje, Senior Vice President and General Manager of the Adaptive and Embedded Computing Group, will continue to manage AMD’s embedded business.
Both Boppana and Raje will report directly to AMD Chair and CEO Dr. Lisa Su, ensuring a seamless leadership transition.
Peng’s Legacy and Contributions
Victor Peng’s extensive experience spans over 40 years in the tech industry. Before rejoining AMD, he spent 14 years at Xilinx, holding positions such as President and CEO, Chief Operating Officer, EVP and GM of Products, and SVP of Programmable Platforms Development.
His tenure at Xilinx involved significant contributions to developing 5G equipment and automotive solutions.
Peng’s earlier career includes roles at AMD following the acquisition of ATI, as well as positions at Tzero Technologies, MIPS Technologies, SGI, and Digital Equipment Corporation.
His vast experience in engineering and leadership has been invaluable to AMD’s growth and success.
“Victor rejoined AMD in 2022 following the acquisition of Xilinx,” said AMD Chair and CEO Dr. Lisa Su. “He played an important role in integrating and scaling our embedded business. He also led our cross-company AI strategy. Under his leadership, AMD became the industry’s number one provider of FPGA and adaptive computing solutions. On behalf of the AMD Board, executive leadership team, and thousands of employees, I want to thank Victor for his outstanding leadership. We wish him the best in his retirement.”
~CEO Lisa Su
The Future of AMD’s AI and HPC
With Boppana at the helm of AMD’s AI and HPC initiatives, the company is poised to continue its innovative trajectory.
His extensive background in AI software and hardware development will be crucial as AMD seeks to expand its influence in the AI and HPC markets.
Conclusion
Victor Peng’s retirement marks the end of an era for AMD, but the company’s future looks promising under the new leadership of Vamsi Boppana.
As AMD continues to innovate and lead in AI and HPC technologies, Peng’s legacy of excellence and strategic vision will undoubtedly influence its path forward.
What are your thoughts on this leadership transition?