AMD CEO very optimistic about 2022 as company ramps up supply
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AMD CEO Lisa Su said Tuesday that she was "very optimistic" about 2022, as the company is buoyed by "extremely strong" demand and looks to ramp up supply throughout the year.
The head of AMD (NASDAQ:AMD) told CNBC that PC demand will drive sales during the year, in part as companies continue to solidify hybrid working schedules that often require more powerful computers for employees.

Bolstered by this dynamic, Su characterized the enterprise refresh cycle, which involves companies buying new equipment to replace outdated models, as "robust."
"We continue to see people wanting higher performance capability, whether you're doing more video or communications or if you're doing more applications at home," she said.
Su's comments followed the release of a host of new products from AMD. This included 6 nanometer RX 6000S GPUs meant to compete better in the graphics processor space.
Asked about the metaverse, Su argued that the rise of virtual reality platforms only underlines the general need for more computing power in the overall economy.
"The overarching theme is that people need more computing and whether you call it the metaverse or you call it high-performance computing or you call it more applications, ... we are able to provide more," she said.
For a deeper dive into AMD, see why SA contributor Victor Dergunov calls the stock his top pick for the next decade.