Recently, AMD announced its acquisition of AI infrastructure provider ZT Systems for approximately $4.9 billion, alongside other significant acquisitions.

AMD reported strong Q2 results with revenues of $5.835 billion, including a remarkable 115% growth in its data center segment.

Strier expressed his excitement about joining AMD and his mission to make AI more accessible and inclusive.

His appointment underscores AMD's strategic focus on the growing AI sector and its commitment to innovation in high-performance computing.

Over the past year, AMD has invested more than $1 billion to enhance its AI ecosystem and software capabilities.

Advanced Micro Devices (AMD) has appointed Keith Strier as senior vice president of global AI markets, effective September 3, 2024.

AMD's CEO, Dr. Lisa Su, praised Strier for his extensive experience and market expertise, which are expected to enhance the company's global AI engagements.

Strier brings over 30 years of experience in strategic business development, technical engineering, and responsible AI deployments, making him well-suited for this role.

Prior to joining AMD, Strier served as vice president of worldwide AI initiatives at Nvidia and held significant roles at EY and Deloitte.

In his new position, Strier will expand AMD's AI vision and drive new ecosystem capabilities while accelerating strategic AI engagements in both public and private sectors.

This leadership change comes as AMD invests to strengthen its AI chip production to better compete with Nvidia.

Analysts maintain a positive outlook on AMD's strategic direction, recognizing its potential for growth in AI and data centers.