LISA SU

Advanced Micro Devices has revealed a new artificial intelligence chip in its race to compete with fellow chipmaker Nvidia in supplying the foundation for a boom in AI-fueled business tools.

Last year was a mixed bag pay-wise for the women who run companies in the S&P 500 -- compensation increased for more than half of them, but the median pay package fell 6%.

Expedia's Peter Kern and Warner Bros.

Pay packages for the women who run S&P 500 companies jumped in 2021 as the economy recovered and stock prices and profits soared.

Most of the women running the biggest U.S. companies saw their pay increase last year, even as the pandemic hammered the economy and many of their businesses.

Paycom Software’s Chad Richison and Advanced Micro Devices’ Lisa Su are among the top paid CEOs in the S&P 500 index.

AMD and Xilinx is a huge tie-up in a season of massive buyouts for the semiconductor industry. Xilinx stockholders will receive 1.7234 shares of AMD stock for each Xilinx share they hold, or approximately $143 per share of Xilinx stock. AMD stockholders will own about 74% of the combined company, with Xilinx stockholders owning approximately 26%. AMD CEO Dr. Lisa Su will lead the combined company as CEO. The deal is expected to close by the end of next year, but still needs approval from regulators and shareholders of both companies.