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Victor Peng

Victor Peng (born 1960) is an technology executive renowned for his extensive in the , particularly in field-programmable gate arrays (FPGAs), adaptive system-on-chips (SoCs), and solutions. With over 40 years of experience, he held pivotal roles at companies like and , where he drove innovations in adaptive computing platforms and acceleration technologies. Peng earned a Bachelor of Science in Electrical Engineering from Rensselaer Polytechnic Institute and a Master of Science in Electrical Engineering from Cornell University. His early career included engineering positions at Digital Equipment Corporation, MIPS Technologies, Silicon Graphics (SGI), and TZero Technologies, followed by a role as Corporate Vice President at AMD, where he led the graphics products group's silicon engineering efforts. In 2008, he joined Xilinx as Senior Vice President of Silicon Engineering, advancing through roles such as Executive Vice President and General Manager of Products, Chief Operating Officer, and ultimately President and Chief Executive Officer from 2018 to 2022. During his tenure at Xilinx, Peng transformed the company into the leading provider of FPGAs and adaptive SoCs, introducing key innovations like the Adaptive Compute Acceleration Platform (ACAP), the Versal ACAP family, Alveo data center accelerator cards, and a unified software suite. Following AMD's acquisition of Xilinx in 2022, Peng rejoined AMD as President of the Adaptive and Embedded Computing Group, overseeing strategy, engineering, sales, and operations for FPGAs, adaptive SoCs, and embedded processors. He played a central role in integrating AMD's embedded business, scaling its AI strategy across the company, and solidifying AMD's position as the top provider of FPGA and adaptive computing solutions. Peng retired from his presidential role at AMD effective August 30, 2024, but continued in an advisory capacity to support the transition. In February 2025, he joined the Board of Directors of Microchip Technology, bringing his deep expertise in semiconductor strategy and operations. Additionally, he has served on the Board of Directors of KLA Corporation since 2019 and holds four U.S. patents related to his work in the field.

Early life and education

Early years

Victor Peng was born in 1960 in , . His family immigrated to the in the same year, when he was an infant. Peng grew up in , .

Academic background

Victor Peng earned a degree in from . He subsequently received a degree in from .

Professional career

Early career in semiconductors

Following his in from in 1983, Victor Peng entered the at (DEC), where he began his career as an in the Semiconductor Engineering Group, focusing on design for high-performance processors. At DEC, Peng contributed to foundational advancements in architecture, including the development of the NVAX CPU chip and a pipelined 50-MHz 64-bit floating-point multiplier that enhanced computational efficiency in minicomputers. He also co-invented methods for overlapped execution and result storage in floating-point operations, as detailed in U.S. Patent 4,849,923, which improved processor performance by optimizing arithmetic pipelines. Peng progressed through mid-level engineering roles at Incorporated (SGI), where he held leadership positions in the design of graphics-related silicon for systems during the . Following the spin-off of from SGI in 1998, he continued in at MIPS, advancing to of in December 2000, where he oversaw for cores used in embedded and high-end applications. In this role, Peng led teams in scaling architectures for broader adoption in consumer and networking devices, building on his expertise in RISC processor design. After his role at MIPS, Peng joined TZero Technologies, a startup specializing in graphics processing innovations, as Vice President of Engineering from 2000 to 2004, contributing to the development of advanced 3D graphics silicon amid the era's push for accelerated rendering in PCs. He then moved to ATI Technologies as Vice President of Silicon Engineering, leading design efforts for graphics chips that powered multimedia and gaming applications before ATI's acquisition by AMD in 2006. These early positions across DEC, SGI, MIPS, TZero, and ATI—spanning over two decades—solidified Peng's foundational knowledge in chip design processes, from floating-point units to graphics accelerators, amassing more than 30 years of cumulative experience in semiconductors by the mid-2000s.

First tenure at AMD (2005–2008)

Victor Peng joined in 2005 as Corporate of the Graphics Products Group (GPG) Silicon Engineering. In this position, he led AMD's central engineering team, a group of over 250 engineers responsible for the design and development of graphics processors, as well as support for products, CPU chipsets, and business units. The team, which Peng directed with more than 500 engineers across and , focused on advancing technologies for GPUs and products during a pivotal period following AMD's 2006 acquisition of . Peng's leadership emphasized strategic silicon innovations that bolstered AMD's position in the competitive graphics market, overseeing contributions to mid-2000s GPU architectures amid the of ATI's expertise into AMD's broader portfolio. His efforts in centralizing engineering resources helped streamline development processes for high-performance solutions, setting the stage for AMD's growth in visual technologies.

Leadership at Xilinx (2008–2022)

Victor Peng joined in April 2008 as Senior of the Silicon Engineering Group, bringing expertise from his prior role in silicon at . In January 2010, he advanced to Senior of Programmable Platforms Development, overseeing product and for programmable logic devices. By April 2015, Peng had risen to Executive and General Manager of the Programmable Products Group, leading the development and marketing of 's core FPGA portfolio, before becoming in April 2017. In January 2018, Peng was appointed President and Chief Executive Officer of , succeeding Moshe Gavrielov, and joined the board of directors; he held this role until February 2022. Under his leadership, accelerated innovations in field-programmable gate arrays (FPGAs) and adaptive computing, emphasizing heterogeneous integration of programmable logic, engines, and high-performance processing. A key milestone was the 2018 introduction of the Versal adaptive compute acceleration platform (ACAP), the industry's first device combining scalar processors, adaptable hardware, and intelligent engines for inference and real-time processing, which expanded 's capabilities beyond traditional FPGAs. This platform enabled scalable solutions for diverse workloads, marking a strategic shift toward software-defined, adaptive hardware ecosystems. Peng drove Xilinx's expansion into high-growth markets, including , centers, and embedded systems, by prioritizing a "data-centric" strategy that positioned programmable logic as essential for accelerating and . In centers, initiatives like the Alveo accelerator cards integrated FPGAs with engines to handle networking, storage, and tasks, contributing to revenue growth from under 10% of total sales in 2018 to over 25% by 2021. For embedded systems, the Versal Edge series, launched in 2021, delivered up to 4x the performance of prior generations, targeting automotive, , and industrial applications with low-latency, power-efficient . These efforts increased Xilinx's addressable market and solidified its leadership in adaptive for edge-to-cloud deployments. As CEO, Peng oversaw the strategic negotiations leading to AMD's announcement of a $35 billion all-stock acquisition of in 2020, the largest merger at the time, aimed at combining 's CPUs and GPUs with Xilinx's programmable technologies. The deal closed in February 2022 at an enterprise value of approximately $49 billion due to rising AMD stock prices, with Peng playing a pivotal role in pre-close integration planning to align product roadmaps and operations. This acquisition enhanced 's portfolio in , , and adaptive computing, building on Xilinx's momentum under Peng's tenure.

Return to AMD and presidency (2022–2024)

Following the acquisition of by in early 2022, Victor Peng rejoined the company in as president of the Adaptive and Embedded Computing Group (AECG), overseeing strategy, business management, , and operations for adaptive computing solutions including FPGAs, adaptive SoCs, processors, and SmartNICs. Under Peng's leadership, successfully integrated Xilinx's programmable logic technologies into its broader portfolio, enhancing offerings in accelerators and solutions by combining FPGAs with 's CPU and GPU ecosystems to enable more flexible, architectures. This integration positioned as the leading provider of FPGA and adaptive computing solutions, supporting scalable deployments in cloud, enterprise, and hyperscale environments. Peng played a pivotal role in AMD's AI initiatives, unifying multiple AI teams across the company into a single organization in 2023 to accelerate development of AI accelerators. His efforts contributed to the advancement of the MI series GPUs, particularly the MI300X, which features 192 GB of HBM3 memory and up to 5.3 TB/s to deliver superior performance for large-scale AI and workloads. Additionally, he drove the expansion of adaptive SoCs like the Versal AI Edge series, optimized for real-time AI processing in applications such as automotive, , and industrial automation. During Peng's tenure, AMD's business scaled significantly, with the company reporting record segment revenue of $12.6 billion in 2024, a 94% year-over-year increase driven by and adaptive demand; this growth was bolstered by Peng's cross-company strategy, which enhanced AMD's competitive position in these markets. As noted by AMD CEO Dr. , "Victor re-joined AMD in 2022 following the acquisition of and played an important role successfully integrating and scaling our business and leading our cross-company strategy." In July 2024, AMD announced Peng's retirement at age 64, effective August 30, with Senior Vice President of AI Vamsi Boppana succeeding him to lead the AI business while Peng transitioned to an advisory role on the executive team.

Post-retirement board roles

Following his retirement from the presidency of Advanced Micro Devices (AMD) in August 2024, Victor Peng joined the Board of Directors of Microchip Technology Incorporated as an independent director, effective February 10, 2025. This appointment was announced on February 4, 2025, highlighting Peng's over 40 years of experience in the semiconductor industry, including leadership roles at AMD and Xilinx. In his role at Microchip, a leading provider of smart, connected, and secure control solutions, Peng is expected to offer strategic guidance on technology, operations, and industry trends in semiconductors, drawing on his expertise in and computing from his prior executive positions. Microchip's President and CEO, , noted that Peng's deep knowledge would benefit the company's strategic objectives in these areas. Peng himself expressed enthusiasm for contributing to Microchip's goals through his board service. Post-retirement, Peng continues to serve on the boards of , where he has been a director since February 2019, and the (SIA), providing ongoing influence in process control and industry policy. His extensive career, including steering AMD's strategy during his presidency, underscores his sustained recognition as a key figure in advancing and technologies.

Personal life

Family and residence

Victor Peng was born in , , and his family immigrated to the during his early years, where he grew up in , . This relocation enabled him to obtain his education and build a career in the American . Peng is married to Debbie Peng and has three daughters named Rebecca, Heather, and Sarah. As of 2018, Peng resided in , in the heart of . His professional roles at companies headquartered in the San Jose area suggest continued residence in the region.

Interests and philanthropy

Victor Peng has demonstrated a commitment to through sharing insights on transitions in the , drawing from his extensive career to advise on adapting from technical roles to executive responsibilities. He actively participates in professional networks supporting Asian-American engineers, including delivering a keynote address titled "Xilinx Past and Future in the New Era of Computing" at the Chinese Institute of Engineers - San Francisco Bay Area Chapter's 2018 Annual Conference. Peng's personal interests include classical and rock music; his favorite concert is Pink Floyd's The Dark Side of the Moon and favorite opera is La Traviata. He is an avid runner, having completed the Boston Marathon in 1983 and a 100-mile ultramarathon in 2008, and hiked Mount Kilimanjaro with his brother. In , Peng has made notable charitable contributions, including donations of stock valued at over $1 million in 2022 and 2024 to unspecified charitable causes.

References

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