Lisa Su apologizes if she seems tired. It’s the day after the U.S. presidential election, and like much of the nation she was awake until the early hours, transfixed as the results came in, only tearing herself away once it became clear that Donald Trump had won. “I wanted to know,” Su explains as she takes her place at the head of a conference table in the Santa Clara, Calif., headquarters of Advanced Micro Devices (AMD). “It’s relevant information.”
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The identity of the next President is pertinent news to most of America’s CEOs, but few more so than the leader of a top semiconductor company. Semiconductors, or chips, are the engines of our computers, phones, cars, internet services, and—increasingly—our artificial intelligence (AI) programs. The relentless rise of the chip over the past seven decades has grown economies, transformed lives, and helped cement the U.S., where most chips get their start, as the globe’s postwar hegemon. AMD is one of the world’s leading designers of the CPU chips that power both personal computers and data centers, the vast warehouses of servers that make possible the likes of Google, Meta, Amazon, and Microsoft. It’s also a top designer of graphics processing units, or GPUs, the specialized chips used to create and run AI programs like ChatGPT. When you send an email, stream a movie, buy something online, or chat with an AI assistant, chances are an AMD chip is providing some of the computing power needed to make that happen. In November, a supercomputer that runs on AMD chips displaced another AMD-based machine to become the world’s most powerful.
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Even before the peace deal in the Middle East had been put to page and circulated among the many anxious stakeholders, the question of credit was already at the fore. It was, as most things dealing with that region and Washington’s tentacles into it, anything but an easy verdict.
As President Joe Biden on Wednesday finished announcing the deal that would potentially end a 15-month war in Gaza, a reporter asked the twilight leader in the White House entry hall: “Who gets credit for this, you or Trump?” A puzzled Biden turned around and asked if the query was a joke. It clearly was not, nor did it carry a clear answer. The unlikely and uncomfortable answer is each man carried some responsibility for the agreement.
The fight between the Israelis and Palestinians has been a slog since October of 2023, when Hamas launched a surprise attack on Israel that killed 1,200 people and took 250 hostage, according to Israeli tallies. The event precipitated a massive response that plunged the region into chaos and left world leaders flummoxed by its ricochet. Palestinians say more than 46,000 of their people have died—about half being women and children—in an unrelenting ground and air campaign from Israel.
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