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Advanced Micro Devices Inc. (NASDAQ:AMD), a $175.5 billion market cap semiconductor giant that has delivered 13.7% revenue growth over the last twelve months, has disclosed the approval of annual cash performance bonuses for several top executives, including the CEO, as part of its Executive Incentive Plan (EIP) for fiscal year 2024. According to the SEC filing dated February 18, 2025, the bonuses were sanctioned by the Compensation and Leadership Resources Committee of AMD’s Board of Directors. InvestingPro analysis shows AMD currently maintains a FAIR financial health score, with 16+ additional exclusive insights available to subscribers. The comprehensive Pro Research Report offers deep-dive analysis of AMD’s performance metrics and growth trajectory.
Jean Hu, the Executive Vice President, Chief Financial Officer, and Treasurer, is set to receive a bonus of $670,106. Phil Guido, the Executive Vice President and Chief Commercial Officer, will get $665,593, while Forrest Norrod, the Executive Vice President and General Manager of Data Center Solutions, has been awarded $658,825.
The company’s Chair, President, and Chief Executive Officer, Lisa T. Su, will receive the highest bonus amounting to $1,776,120. The decision regarding Su’s bonus was made by the Board of Directors on February 19, 2025.
These financial incentives are expected to be paid out in March 2025 and are reflective of the company’s performance in the previous fiscal year. The announcement comes as part of AMD’s regular reporting and compliance with SEC regulations, underscoring the company’s commitment to transparently disclosing compensatory arrangements for its key officers.
The SEC filing also serves as a formal record of these transactions and provides investors and the public with insight into AMD’s executive compensation practices. The semiconductor and related devices manufacturer, headquartered in Santa Clara, California, has not disclosed any additional context regarding the performance criteria or targets associated with the bonuses.
Investors and market watchers often scrutinize executive compensation as a measure of a company’s governance and alignment with shareholder interests. AMD’s latest filing ensures that such information remains accessible, adhering to the requisite corporate governance standards.
In other recent news, Advanced Micro Devices Inc. (AMD) is reportedly in discussions to sell its data center manufacturing plants, valued between $3 billion and $4 billion, to Asia-based companies. The potential sale, which could be announced by the second quarter, involves several interested Taiwanese firms, including Compal Electronics Inc. and Pegatron Corp. Meanwhile, Vultr has launched AMD’s latest GPUs in its Chicago data center, enhancing capabilities for AI-native applications. This collaboration is expected to provide businesses with improved computational power and efficiency.
On the financial front, Benchmark has maintained its Buy rating for AMD, with a price target of $170, highlighting the company’s strong position in the AI market. In contrast, Daiwa Securities downgraded AMD’s rating from Buy to Outperform and reduced the price target to $130, citing concerns over the GPU business’s slower-than-expected performance. TD Cowen also adjusted its price target for AMD to $135 while keeping a Buy rating, emphasizing the need for AMD to demonstrate its capabilities in the competitive AI sector.
Despite these mixed analyst ratings, AMD’s management anticipates a strong second half of 2025, driven by the acceleration of MI350 production. However, the gaming sector’s recovery and the embedded segment’s slower improvement have been noted. Overall, these developments highlight AMD’s ongoing efforts to strengthen its market position amid evolving industry dynamics.
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