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AMD Chief Accounting Officer Philip Carter Resigns, Replaced by Jean Hu
ByAinvest
Monday, Aug 25, 2025 4:12 pm ET1min read
Advanced Micro Devices (AMD) has announced the resignation of Philip Carter as chief accounting officer. Dr. Jean Hu, a former CFO at Marvell Technology, will replace Carter. AMD is a semiconductor company that designs, manufactures, and sells processors, chips, and other products for computers, servers, and gaming consoles. The company operates globally with a presence in the US, China, Singapore, Taiwan, Japan, and Europe.
Advanced Micro Devices (AMD) has announced the resignation of Philip Carter as chief accounting officer. Dr. Jean Hu, previously serving as CFO at Marvell Technology, will take over the role. This move comes amidst AMD's ongoing growth and strategic positioning in the semiconductor industry.Dr. Hu brings extensive experience in financial leadership and strategic planning to AMD. Her appointment follows AMD's strong Q2 2025 results, which saw sales rise to $7.7 billion and net income increase to $872 million [3]. The company's ongoing share buyback program and positive corporate guidance for upcoming revenue growth have further bolstered investor sentiment.
AMD's strategic alliances, such as its collaboration with USC ISI to enhance AI capabilities, have underscored its growing prominence in the tech sector. Despite market pressures and potential long-term growth challenges posed by US export restrictions, AMD's strong financial performance and strategic initiatives have helped maintain investor confidence.
Dr. Hu's appointment signals AMD's commitment to financial excellence and strategic planning as it navigates the complexities of the semiconductor industry. Her background in financial leadership and her experience at Marvell Technology will be invaluable as AMD continues to expand its global presence and diversify its market exposure.
References:
[1] https://www.ainvest.com/news/3-breakout-growth-stocks-ai-boom-amd-broadcom-nvidia-2508/
[2] https://www.ainvest.com/news/advanced-micro-devices-amd-outperform-nvidia-ai-era-2030-2508-41/
[3] https://finance.yahoo.com/news/advanced-micro-devices-amd-reports-174406433.html
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