With a net worth of 1.1 billion, Su Lifeng s working queen legend

Mondo Technology Updated on 2024-02-25

February** Dynamic Incentive Program

With a net worth of $1.1 billion, 54-year-old Supermicro (AMD) Chairman Lisa Su has become one of the 26 self-made American female billionaires in Forbes this year, and she is also a real "working queen", at the helm of the large American semiconductor company Supermicro (AMD).

At the age of 3, Su Lifeng moved to New York with her parents from Tainan City, Taiwan, China, and now she has become the "Queen of Silicon Valley Semiconductors" who competes with her cousin Jensen Huang for the AI crown.

The wallet is swollen, and the "working queen" Su Lifeng has a net worth of 1.1 billion US dollars

Lisa Su, Chairman and Chief Executive Officer of AMD

Now, the wave of artificial intelligence (AI) is rolling in, making Huang's NVIDIA the third-largest company in the United States by market capitalization, behind Microsoft and Apple. Legendarily, AI has made Huang "on the rise" and turned his niece, AMD Chairman and CEO Lisa Su, into the "Queen of Workers" in Silicon Valley.

According to Forbes, among the 760 billionaires in the United States in 2024, only 26 belong to professional managers, accounting for 3% of the total number of billionaires in the United States.

Among the 26 billionaire professional managers in the United States is Lisa Su, chairman and chief executive of AMD, who joined chipmaker Supermicro in 2012 and rose to the head of the technology company two years later, at the age of 43.

In 2024, the AI concept boom will drive semiconductor technology stocks including Nvidia and Supermicro to soar, and also make Su Lifeng an American billionaire with a net worth of $1.1 billion. According to Forbes data, Lisa Su holds about 0A 2% stake (nearly 4 million shares), which, when combined with her options, accounts for 3.4 of her $1.1 billion fortune, which also includes about $400 million in AMD since 2016.

In May 2024, Lisa Su appeared on the cover of Forbes magazine, and at that time she had a fortune of 7$400 million. Since then, AMD's stock price has soared by more than 75% due to the popular AI concept, making her worth "rise".

Lisa Su, Chairman and CEO of Supermicro.

Under the global AI boom, Nvidia, AMD and TSMC have become the three major AI giants in the United States.

Recently, after the brokerage Bank of America shouted "**and** the reasonable stock price in the next 12 months as high as $1040 shares, AMD's stock price once rushed into four digits, but by February 16, a large amount of profits poured out, followed by a sharp rise of 1999%, the stock price fell to around $800 in an instant, and its "roller coaster"** made the market jaw-dropping.

Previously, on January 31, AMD announced that its profit for the previous quarter (note: October-December 2024) doubled to 6$700 million, but the company's warning PC and dotted chip performance declined, and the quarter's financial ** fell short of Wall Street's expectations, and its stock price suffered a setback.

Since the AI boom was "born" in 2023, the three people who have led this trend all have backgrounds in Taiwan, China, namely Nvidia founder Jensen Huang, Supermicro founder Charles Liang, and Supermicro female head Su Lifeng.

Among the three, Huang and his niece Su Lifeng went to the United States at a very young age, while Liang Jianhou graduated from Taipei University of Technology with a degree in electrical engineering, and later studied in the United States to obtain a master's degree in electrical engineering from the University of Texas at Arlington, and founded the semiconductor company Supermicro in 1993.

The booming AI market has made the "working queen" Su Lifeng "swell her wallet" and has a net worth of $1.1 billion, but she said at the ** business conference held at the Mandarin Oriental Hotel in Taipei on July 19 last year: "Artificial intelligence (AI) is now a very early stage, but it is growing rapidly. Our view of the AI market, especially data centers, is expected to grow at a 50% annual rate in the next 3 to 4 years, with the potential to exceed $150 billion, and there will be many AI solutions on the market, not just a single one. ”

Supermicro founder Jianhou Liang (left) and NVIDIA founder Jensen Huang (right).

Since I want to write about the legendary experience of the "Queen of Workers" Su Lifeng, I can't help but briefly mention another AI figure, Liang Jianhou, the founder of Supermicro.

Liang was named one of the 25 most accomplished Chinese Americans by Forbes magazine, and he founded Supermicro, a global leader in the server field. Liang Jianhou, 66, is different from the other two American semiconductor figures, Jensen Huang and Lisa Su, who went to the United States to study since childhood, and graduated from the electrical engineering department of Taipei Institute of Technology, the predecessor of Taipei University of Technology.

At that time, Liang Jianhou graduated from junior high school and applied for Taipei Institute of Technology, not because his academic performance was not excellent, on the contrary, he entered this school with high admission scores, and vocational education was highly valued in Taiwan at that time. Statistics show that about 10% of the CEOs of Taiwan-listed companies, especially those in the technology industry, are from this school.

Unlike Jensen Huang and Lisa Su, who grew up in Tainan as children, Liang Jianhou is a native of Chiayi, and after graduating in the United States with a master's degree in electrical engineering from the University of Texas at Arlington, he founded Supermicro in San Jose, California, in 1993 and served as president and CEO. Under his leadership, Supermicro has also transformed from a motherboard manufacturer to a full-service IT solutions provider in recent years. Since the company's listing on the U.S. stock market in 2007, its share price has risen by more than 3,000%, and if calculated from January 2024, driven by AI concept stocks, Supermicro's share price will rise by more than 600%.

Interestingly, Supermicro and Jensen Huang's Nvidia were both founded in 1993. Prior to that, worked in the chain restaurant Denny'Huang, who was promoted to waiter after working as a dishwasher, said he loved every job when he applied for a job at AMD.

From Jensen Huang, Liang Jianhou, to Su Lifeng, three Chinese-Americans with Taiwanese backgrounds stirring up the current hot global market AI trend, which can be called one of the great wonders of the Chinese technology community.

Su Lifeng, the "working emperor" who reborn AMD

Lisa Su. Su Lifeng, born in Tainan City in 1969, immigrated to New York with her parents when she was 3 years old. Her father, Su Chunhuai, graduated from Taiwan Normal University and received a master's degree in mathematics from Tsinghua University in 1967 and a scholarship to pursue a Ph.D. in statistics at Columbia University in 1969.

Su Lifeng's mother, Luo Shuya, was born in a famous family in the area of Narcissus Palace in Tainan City, Luo Shuya's father Luo Bomu, and Huang Jenxun's mother Luo Caixiu are cousins; In terms of generation, Su Lifeng has to call Huang Jenxun his cousin.

During Su Chunhuai's study in the United States, Luo Shuya also left Taiwan and went to New York University in the United States in 1972 to study and start her own business, when Su Lifeng was only 3 years old. In New York, Su's parents started from scratch and ran an import and export company engaged in the auto parts business. Coincidentally, then-9-year-old Huang and his brother also went to the United States in 1972, and the two first stayed with relatives.

Su Chunhuai, a successful businessman, has served as a policy and economic researcher in New York City, and he is also the vice chairman of the Taiwan Association in New York.

Su Chunhuai (right).

There is a father who graduated from the Department of Mathematics of Taiwan Normal University, Su Lifeng received the training of mathematical logic and theory when she was a child, she is not like some girls who like toys such as dolls, but likes to dismantle things, and her father Su Chunhuai is not angry, but finds more difficult things to dismantle for her to cultivate her interest in science.

Su Lifeng began to learn piano when she was 5 years old, and once had the idea of going to school, but Su Chunhuai persuaded her that ** can be used as a personal hobby, but not necessarily take this path, and you must give full play to your scientific potential.

After graduating, she worked for Texas Instruments and IBM until 2012, when she joined the semiconductor company AMD as an electrical engineer.

Lisa Su. Two years after AMD, in 2014, Lisa Su was promoted to CEO of AMD, but of course, it was a chore as the company had $2.2 billion in debt and its business was in a slump.

Su Lifeng emphasized at the time that she should do a good job of "creating outstanding products, strengthening customer trust, and streamlining the company". In 2017, after the company launched the ZEN chip architecture, its performance began to improve, and by 2020, when the third-generation architecture processor was released, Supermicro had a place in the semiconductor market.

Su Lifeng, who helped AMD "reborn from the ashes", is already the highest-paid female CEO of S&P 500 companies in 2022, and can be called a "working queen". A research agency found that as early as 2019, she was the world's most valuable CEO, with an annual salary of $58.5 million.

Supermicro began to turn losses into profits in 2018, and by 2020, Lisa Su promoted a merger and acquisition of IC design giant Xilinx for $35 billion, and in 2022, AMD's market value surpassed that of American semiconductor giant Intel for the first time.

At present, AMD is the world's second largest server company, and is eager to catch up with the industry leader NVIDIA, although the gap between the two is not small, the outside world is also looking forward to the future on the AI competition track, there will be a battle between Su Lifeng and Huang Jenxun's "niece PK cousin"! While it's common for tech circles to rival each other, a different story could arise if two distant relatives joined forces to form an alliance.

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