AMD CEO Lisa Su Trims Stake with $24 Million Stock Sale

  • Lisa Su, CEO of chipmaker Advanced Micro Devices (AMD), sold over $24 million worth of company stock on March 13th.
  • The sale involved multiple pre-arranged transactions at prices ranging from $193 to $198 per share.
  • Su used a Rule 10b5-1 trading plan, a legal method for executives to sell shares to avoid insider trading accusations.
  • The reasons for the sale are not publicly known. It could be for personal financial planning or portfolio diversification.
  • AMD stock remains near all-time highs, and the company is a major player in the high-growth processor market.

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