Advanced Micro Devices Shareholders Back Board as Lisa Su Touts AI Growth

Advanced Micro Devices (AMD.OQ) won shareholder approval for its director slate, an amendment to its equity incentive plan adding 65 million shares, Ernst & Young as auditor, and executive compensation at its 2026 annual meeting. CEO Lisa Su emphasized AI and data-center momentum, citing record 2025 revenue of $34.6 billion, data-center revenue of $16.6 billion (up 32% YoY), and server CPU share above 40%. Su highlighted Helios (a rack-scale AI system), MI350-driven Instinct revenue, major partnerships (including Oracle), and reaffirmed targets: >35% revenue CAGR, operating margins above 35%, and EPS above $20. The meeting signals continued corporate commitment to AI infrastructure and capacity investments, supporting a bullish market view on AMD’s growth trajectory, though the 65M-share increase is a dilution consideration investors may weigh.