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Is this hindsight attribution of success to an otherwise not related parameter? How much do CEOs make or break a company?

The CEO before Lisa Su was the precursor that initiated most of the future growth, e.g Zen

Prior leaders are often underrated.

I don't know the specifics of this case but I know a lot of coaches refuse to be the person in charge of "rebuilding" because they know they will get 80% there just in time to get fired & watch someone else get all the credit.

It might apply to some extent to some countries Presidents too

Not really a fair comparison since they outsource fab

On their spin out of global foundries they had some obligations to keep buying from them, and they used it to do the IO die in their chiplet design.