AMD president Victor Peng will retire on August 30.
Peng will continue to serve on the AMD executive team and take on an advisory role to support the leadership transition until his retirement date.
Peng first worked at AMD between 2005 and 2008, serving as vice president of silicon engineering, before leaving for a 14-year stint at semiconductor firm Xilinx, where he ended up as president and CEO. When AMD acquired Xilinx for $35 billion in 2022, Peng was appointed AMD's president.
“Victor re-joined AMD in 2022 following the acquisition of Xilinx and played an important role successfully integrating and scaling our embedded business and leading our cross-company AI strategy,” said AMD chair and CEO Dr. Lisa Su.
“Under his leadership, AMD became the industry’s number one provider of FPGA (Field Programmable Gate Arrays) and adaptive computing solutions. On behalf of the AMD board, executive leadership team, and the thousands of employees who have worked with him, I want to thank Victor for his outstanding leadership and wish him the best in his retirement.”
Peng’s retirement will see Vamsi Boppana, senior vice president of the company's AI group and another former Xilinx employee, take over responsibility for the AMD Instinct data center AI accelerator business, while Salil Raje, SVP and GM in its adaptive and embedded computing group, will continue to lead the AMD embedded business.
Both Boppana and Raje will now report to Su.
AMD unveiled its new Instinct accelerator, the MI325X, at this year’s Computex event in Taipei, Taiwan. Featuring 288GB of HBM3E memory and 6TBps peak memory bandwidth, eight accelerators will fit into the Instinct MI325X Platform, which is built using the same architecture as the MI300X server platform.
The AMD Instinct MI325X accelerator is expected to be available to customers from Q4 2024.
