- AMD CEO Lisa Su Got Asked 'Do You Speak English' At A Formula One Race Where The Chipmaker Was Sponsoring Ferrari: Here's How She Handled That
May 12, 2026
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At the 2018 Chinese Grand Prix, Advanced Micro Devices, Inc. CEO Lisa Su found herself in an awkward viral moment during a live Formula One grid walk — years before her chip company's meteoric rise transformed it into a more than $665 billion semiconductor powerhouse.
Viral Formula One Moment Put Lisa Su In Unexpected Spotlight
During Sky Sports commentator Martin Brundle's pre-race grid walk in Shanghai, he approached Su — then attending as the head of one of Ferrari's key sponsors — and asked, "Do you speak English?"
Su, who holds advanced engineering degrees from MIT and had already been leading AMD through a major turnaround, calmly replied, "Yes, I do."
"I’m with AMD. We are sponsoring the Ferrari car," Su said during the interview — a simple statement that, in hindsight, carried far more weight than many viewers realized.
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Brundle appeared unaware he was speaking to the CEO of AMD. He had referred to her as his "random person."
At the time, AMD had just announced a multiyear partnership with Scuderia Ferrari, with branding featured prominently on Ferrari's Formula One cars and team assets.
AMD's market cap had now risen 65x from $10B to $650B+ since Sky Sports asked Lisa Su if she could "speak English" at the starting grid during 2018 F1 Chinese Grand Prix. https://t.co/ReRgtz1Tdkpic.twitter.com/jkDIqBRxEZ
— Trung Phan (@TrungTPhan) May 6, 2026
AMD Stock Surge Under Lisa Su's Leadership
Since that day in April 2018, AMD shares have surged nearly 4,000%, fueled by the company's aggressive push into high-performance computing, artificial intelligence and data center chips.
AMD's market capitalization has expanded from roughly $10 billion at the time of the incident to more than $665 billion today, cementing Su as one of the semiconductor industry's most successful executives.
See Also: Avoid the #1 Investing Mistake: How Your ‘Safe' Holdings Could Be Costing You Big Time
In 2020, the company also said that it had ended its Ferrari sponsorship. The chipmaker subsequently shifted its Formula One sponsorship to the Mercedes-AMG Petronas team.
AMD Q1 Earnings Top Estimates As Revenue Surges 38%
Earlier this month, AMD posted first-quarter revenue of $10.25 billion and adjusted earnings of $1.37 per share, topping analyst estimates of $9.89 billion and $1.29 per share, respectively.
Story Continues
Revenue rose 38% year over year.
For the second quarter, AMD forecast revenue of about $11.2 billion, above estimates of $10.52 billion, with adjusted gross margin expected to improve to 56% from 55%.
Photo Courtesy: jamesonwu1972 on Shutterstock.com
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- A Look at Ferrari NV (RACE) After 3.1% Decline -- GF Value $501.58 vs Price $329.26
May 11, 2026 · gurufocus.com
On May 11, 2026, Ferrari NV (RACE) shares fell 3.1% to $329.26, continuing a downward trend that has seen the stock decline by 9.9% year-to-date and 31.8% over
- FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
May 11, 2026
Ferrari N.V.
Maranello (Italy), May 11, 2026 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on April 10, 2026, as the second tranche of the multi-year share buyback program of approximately Euro 3.5 billion expected to be executed by 2030 in line with the disclosure made during the 2025 Capital Markets Day (the “Second Tranche”), the additional common shares - reported in aggregate form, on a daily basis on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
EXM NYSE Total Trading Number of common shares purchased Average price per share Consideration excluding fees Number of common shares purchased Average price per share Consideration excluding fees Consideration excluding fees Number of common shares purchased Average price per share Consideration excluding fees Date excluding fees excluding fees excluding fees (d/m/y) (€) (€) ($) ($) (€)* (€)* (€)* 04/05/2026 17,000 290.4267 4,937,253.90 - - - - 17,000 290.4267 4,937,253.90 05/05/2026 11,284 286.3919 3,231,646.20 - - - - 11,284 286.3919 3,231,646.20 06/05/2026 16,803 283.7528 4,767,898.30 - - - - 16,803 283.7528 4,767,898.30 07/05/2026 11,228 287.9035 3,232,580.50 8,876 337.9359 2,999,519.05 2,548,444.39 20,104 287.5560 5,781,024.89 08/05/2026 8,000 290.0369 2,320,295.20 - - - - 8,000 290.0369 2,320,295.20 64,315 287.4862 18,489,674.10 8,876 337.9359 2,999,519.05 2,548,444.39 73,191 287.4413 21,038,118.49 Total
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of such Second Tranche till May 8, 2026, the total invested consideration has been:
Euro 61,289,221.91 for No. 206,134 common shares purchased on the EXM
USD 2,999,519.05 (Euro 2,548,444.39*) for No. 8,876 common shares purchased on the NYSE.
As of May 8, 2026 the Company held in treasury No. 17,634,681 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 9.09% of the then total issued common shares. Including the special voting shares, the Company held in treasury 9.45% of the then total issued share capital. For the avoidance of doubt, the cancellation of treasury shares, as approved by the Annual General Meeting of Shareholders of the Company held on April 15, 2026, has not yet been effectuated and therefore has not been taken into account for such calculations.
Since January 5, 2026, start date of the multi-year share buyback program of approximately Euro 3.5 billion announced during the 2025 Capital Markets Day, until May 8, 2026, the Company has purchased a total of 1,100,455 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 324,595,751.34.
Story Continues
A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Ferrari’s corporate website under the Buyback Programs section (https://www.ferrari.com/en-EN/corporate/buyback-programs).
Attachment
FNV BB PR 11 May 2026 ENG
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- FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
May 11, 2026
Maranello (Italy), May 11, 2026 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on April 10, 2026, as the second tranche of the multi-year share buyback program of approximately Euro 3.5 billion expected to be executed by 2030 in line with the disclosure made during the 2025 Capital Markets Day (the “Second Tranche”), the additional common shares - reported in aggregate form, on a daily basis on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
EXMNYSETotalTradingNumber of common shares purchasedAverage price per shareConsideration excluding feesNumber of common shares purchasedAverage price per shareConsideration excluding feesConsideration excluding feesNumber of common shares purchasedAverage price per shareConsideration excluding feesDateexcluding fees excluding fees excluding fees (d/m/y)(€)(€)($)($)(€)*(€)*(€)* 04/05/202617,000290.42674,937,253.90----17,000290.42674,937,253.9005/05/202611,284286.39193,231,646.20----11,284286.39193,231,646.2006/05/202616,803283.75284,767,898.30----16,803283.75284,767,898.3007/05/202611,228287.90353,232,580.508,876337.93592,999,519.052,548,444.3920,104287.55605,781,024.8908/05/20268,000290.03692,320,295.20----8,000290.03692,320,295.20 64,315287.486218,489,674.108,876337.93592,999,519.052,548,444.3973,191287.441321,038,118.49Total
(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
Since the announcement of such Second Tranche till May 8, 2026, the total invested consideration has been:
Euro 61,289,221.91 for No. 206,134 common shares purchased on the EXM
USD 2,999,519.05 (Euro 2,548,444.39*) for No. 8,876 common shares purchased on the NYSE.
As of May 8, 2026 the Company held in treasury No. 17,634,681 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 9.09% of the then total issued common shares. Including the special voting shares, the Company held in treasury 9.45% of the then total issued share capital. For the avoidance of doubt, the cancellation of treasury shares, as approved by the Annual General Meeting of Shareholders of the Company held on April 15, 2026, has not yet been effectuated and therefore has not been taken into account for such calculations.
Since January 5, 2026, start date of the multi-year share buyback program of approximately Euro 3.5 billion announced during the 2025 Capital Markets Day, until May 8, 2026, the Company has purchased a total of 1,100,455 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 324,595,751.34.
A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Ferrari’s corporate website under the Buyback Programs section (https://www.ferrari.com/en-EN/corporate/buyback-programs).
Attachment
FNV BB PR 11 May 2026 ENG
- Is Ferrari (NYSE:RACE) Starting To Look Interesting After Recent Share Price Pullback?
May 11, 2026
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide.
If you are wondering whether Ferrari stock is still priced for excellence or starting to look interesting on value, the recent share performance gives you a useful starting point. The stock last closed at US$339.69 and has risen 0.2% over the past week, while being down 3.5% over the past month, 8.7% year to date and 29.4% over the last year, with longer term returns of 18.9% over three years and 75.2% over five years. These mixed returns sit against an ongoing investor focus on premium automotive brands and how they stack up versus broader markets and peers. Recent commentary around luxury spending trends, capital allocation in high end auto stocks and relative valuation across the sector has given investors more data points to weigh when looking at Ferrari's current price level. Ferrari currently has a value score of 2 out of 6, which reflects the number of checks where the stock screens as undervalued. The next sections will unpack how different valuation approaches arrive at that result, and will point to an even more rounded way to think about value at the end of the article.
Ferrari scores just 2/6 on our valuation checks. See what other red flags we found in the full valuation breakdown.
Approach 1: Ferrari Discounted Cash Flow (DCF) Analysis
A Discounted Cash Flow, or DCF, model takes estimates of a company’s future cash flows and discounts them back to today to arrive at an implied intrinsic value per share.
For Ferrari, the model used is a 2 stage Free Cash Flow to Equity approach. The latest twelve month free cash flow is about €1.33b, and analyst based projections plus Simply Wall St extrapolations suggest annual free cash flows reaching about €2.11b by 2030, with a series of intermediate estimates between 2026 and 2035.
After discounting those projected cash flows back to today, the model arrives at an estimated fair value of €122.09 per share. When that intrinsic value is set against the current share price of US$339.69, the DCF implies the stock is trading at a very large premium, with the model indicating it is 178.2% above the estimated fair value.
Result: OVERVALUED
Our Discounted Cash Flow (DCF) analysis suggests Ferrari may be overvalued by 178.2%. Discover 49 high quality undervalued stocks or create your own screener to find better value opportunities.RACE Discounted Cash Flow as at May 2026
Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Ferrari.
Story Continues
Approach 2: Ferrari Price vs Earnings
For profitable companies, the P/E ratio is a useful way to connect what you pay today with the earnings the business is already generating. It helps you see how many dollars of share price investors are currently willing to pay for each dollar of earnings.
What counts as a "normal" P/E depends on how quickly earnings are expected to grow and how risky those earnings are. Higher growth or lower risk can justify a higher P/E, while lower growth or higher risk usually point to a lower one.
Ferrari is trading on a P/E of 31.95x, compared with an Auto industry average of 18.89x and a peer average of 45.43x. Simply Wall St also calculates a proprietary Fair Ratio of 19.33x for Ferrari, which reflects factors such as earnings growth, industry, profit margin, market cap and company specific risks. This Fair Ratio goes beyond simple peer or sector comparisons because it adjusts for the quality and risk profile of those earnings rather than assuming that all Auto stocks deserve similar multiples.
Set against this 19.33x Fair Ratio, Ferrari’s current 31.95x P/E suggests the stock is trading at a premium to what the model considers a fair level.
Result: OVERVALUEDNYSE:RACE P/E Ratio as at May 2026
P/E ratios tell one story, but what if the real opportunity lies elsewhere? Start investing in legacies, not executives. Discover our 19 top founder-led companies.
Upgrade Your Decision Making: Choose your Ferrari Narrative
Earlier it was mentioned that there is an even better way to understand valuation. Narratives on Simply Wall St’s Community page let you attach a clear story to the numbers by linking your view of Ferrari’s future revenue, earnings and margins to a financial forecast. This turns that into a fair value you can compare with today’s price. It updates automatically when fresh news or earnings arrive and gives you a simple way to act when the gap between fair value and price looks large, whether you align with the most bullish view that points to a fair value of about US$500.23 or the most cautious view closer to US$349.00.
Do you think there's more to the story for Ferrari? Head over to our Community to see what others are saying!NYSE:RACE 1-Year Stock Price Chart
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include RACE.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
May 11, 2026 · globenewswire.com
Maranello (Italy), May 11, 2026 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on April 10, 2026, as the second tranche of the multi-year share buyback program of approximately Euro 3.5 billion expected to be executed by 2030 in line with the disclosure made during the 2025 Capital Markets Day (the “Second Tranche”), the additional common shares - reported in aggregate form, on a daily basis on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows: EXM NYSE Total Trading Number of common shares purchased Average price per share Consideration excluding fees Number of common shares purchased Average price per share Consideration excluding fees Consideration excluding fees Number of common shares purchased Average price per share Consideration excluding fees Date excluding fees excluding fees excluding fees (d/m/y) (€) (€) ($) ($) (€)* (€)* (€)* 04/05/2026 17,000 290.4267 4,937,253.90 - - - - 17,000 290.4267 4,937,253.90 05/05/2026 11,284 286.3919 3,231,646.20 - - - - 11,284 286.3919 3,231,646.20 06/05/2026 16,803 283.7528 4,767,898.30 - - - - 16,803 283.7528 4,767,898.30 07/05/2026 11,228 287.9035 3,232,580.50 8,876 337.9359 2,999,519.05 2,548,444.39 20,104 287.5560 5,781,024.89 08/05/2026 8,000 290.0369 2,320,295.20 - - - - 8,000 290.0369 2,320,295.20 64,315 287.4862 18,489,674.10 8,876 337.9359 2,999,519.05 2,548,444.39 73,191 287.4413 21,038,118.49 Total (*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase Since the announcement of such Second Tranche till May 8, 2026, the total invested consideration has been: Euro 61,289,221.91 for No.
- FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
May 11, 2026
MARANELLO (ITALY), MAY 11, 2026 – FERRARI N.V. (NYSE/EXM: RACE) (“FERRARI” OR THE “COMPANY”) INFORMS THAT THE COMPANY HAS PURCHASED, UNDER THE EURO 250 MILLION SHARE BUYBACK PROGRAM ANNOUNCED ON APRIL 10, 2026, AS THE SECOND TRANCHE OF THE MULTI-YEAR SHARE BUYBACK PROGRAM OF APPROXIMATELY EURO 3.5 BILLION EXPECTED TO BE EXECUTED BY 2030 IN LINE WITH THE DISCLOSURE MADE DURING THE 2025 CAPITAL MARKETS DAY (THE “SECOND TRANCHE”), THE ADDITIONAL COMMON SHARES - REPORTED IN AGGREGATE FORM, ON A DAILY BASIS ON THE EURONEXT MILAN (EXM) AND ON THE NEW YORK STOCK EXCHANGE (NYSE) AS FOLLOWS: EXM NYSE TOTAL TRADING NUMBER OF COMMON SHARES PURCHASED AVERAGE PRICE PER SHARE CONSIDERATION EXCLUDING FEES NUMBER OF COMMON SHARES PURCHASED AVERAGE PRICE PER SHARE CONSIDERATION EXCLUDING FEES CONSIDERATION EXCLUDING FEES NUMBER OF COMMON SHARES PURCHASED AVERAGE PRICE PER SHARE CONSIDERATION EXCLUDING FEES DATE EXCLUDING FEES EXCLUDING FEES EXCLUDING FEES (D/M/Y) (€) (€) ($) ($) (€)* (€)* (€)* 04/05/2026 17,000 290.4267 4,937,253.90 - - - - 17,000 290.4267 4,937,253.90 05/05/2026 11,284 286.3919 3,231,646.20 - - - - 11,284 286.3919 3,231,646.20 06/05/2026 16,803 283.7528 4,767,898.30 - - - - 16,803 283.7528 4,767,898.30 07/05/2026 11,228 287.9035 3,232,580.50 8,876 337.9359 2,999,519.05 2,548,444.39 20,104 287.5560 5,781,024.89 08/05/2026 8,000 290.0369 2,320,295.20 - - - - 8,000 290.0369 2,320,295.20 64,315 287.4862 18,489,674.10 8,876 337.9359 2,999,519.05 2,548,444.39 73,191 287.4413 21,038,118.49 TOTAL (*) TRANSLATED AT THE EUROPEAN CENTRAL BANK EUR/USD EXCHANGE REFERENCE RATE AS OF THE DATE OF EACH PURCHASE SINCE THE ANNOUNCEMENT OF SUCH SECOND TRANCHE TILL MAY 8, 2026, THE TOTAL INVESTED CONSIDERATION HAS BEEN: EURO 61,289,221.91 FOR NO.
- Ferrari F1 Upgrade Struggles Put RACE Brand And Valuation In Focus
May 11, 2026
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Ferrari (NYSE:RACE) brought a major Formula 1 upgrade package with 11 changes to the SF-26 to the Miami Grand Prix. The updates did not deliver the expected performance, with the team facing tyre degradation and limited on-track gains. Drivers, including Charles Leclerc, and former engineer Rob Smedley have raised concerns about the car's development path. Comments from Lewis Hamilton and others point to questions around Ferrari's broader F1 development strategy.
For investors, the F1 program is central to Ferrari's brand, technology pipeline and marketing reach, even though racing is only part of the wider luxury performance car business. When the flagship SF-26 package in Miami struggles to match simulator expectations, it highlights how tightly linked on-track engineering and off-track reputation can be for NYSE:RACE.
Ongoing questions about tyre management, upgrade execution and feedback loops between drivers, engineers and simulators may shape how Ferrari allocates time, talent and capital inside its racing division. As the season develops, the way management responds to concerns about a potential development "negative loop" could influence how investors view the resilience of Ferrari's F1 program within the broader company story.
Stay updated on the most important news stories for Ferrari by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Ferrari.NYSE:RACE Earnings & Revenue Growth as at May 2026
📰 Beyond the headline: 1 risk and 3 things going right for Ferrari that every investor should see.
Investor Checklist
Quick Assessment
✅ Price vs Analyst Target: At US$337.46, Ferrari trades about 22% below the US$431.91 analyst price target. ❌ Simply Wall St Valuation: Shares are trading at about 176.5% above the estimated fair value. ✅ Recent Momentum: The 30 day return is roughly 0.9%.
There is only one way to know the right time to buy, sell or hold Ferrari: head to Simply Wall St's company report for the latest analysis of Ferrari's Fair Value.
Key Considerations
📊 F1 upgrade setbacks raise questions about how effectively Ferrari converts racing spend into brand strength and long term product appeal. 📊 Watch how management talks about simulator accuracy, tyre management and capital allocation between racing and road car programs in future updates. ⚠️ There is one flagged risk around significant insider selling in the past 3 months, which some investors may weigh more heavily when racing performance is under scrutiny.
Story Continues
Dig Deeper
For the full picture including more risks and rewards, check out the complete Ferrari analysis. Alternatively, you can check out the community page for Ferrari to see how other investors believe this latest news will impact the company's narrative.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include RACE.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- Ferrari Beat Estimates. So Why Is the Stock Down?
May 9, 2026
Despite the Iran conflict threatening to slow Ferrari(NYSE: RACE) in the first quarter, the iconic supercar maker still beat earnings estimates. Ferrari also confirmed its full-year guidance, suggesting its strategy to bring forward certain deliveries in other regions has mitigated any impact in the Middle East, which remains an important luxury goods hub. While Ferrari topped estimates, the stock continued its year-long slide lower.
What's got investors so anxious?
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By the numbers
Ferrari delivered 3,436 vehicles during the first quarter, which was down a modest 157 vehicles from the previous year. Despite a slight decline in shipments, Ferrari posted a 3% increase in revenue to 1.85 billion euros, or $2.16 billion, topping analysts' consensus estimates of 1.83 billion euros. It was a similar story for adjusted earnings per share, which checked in at 2.33 euros per share, ahead of the 2.31 euros per share expected by analysts.Ferrari's F80 has helped power financial results. Image source: Ferrari.
Part of Ferrari's slide lower could stem from investor concerns that pulling some deliveries forward to offset the disruption in Iran could hinder earnings for the rest of the year. However, Ferrari mostly squashed that notion when it confirmed its full-year guidance of 9.45 euros in adjusted earnings per share on net revenue of 7.5 billion euros. Further, Ferrari's strong sales mix and demand for personalization supported margins.
What's likely to have investors a bit anxious is the premiere of Ferrari's Luce, the automaker's first full-electric vehicle, in a couple of weeks. Ferrari is taking a risk that there will be demand for such a high-end electric vehicle, especially at a time when rival Lamborghini canceled its first full-electric vehicle, the Lanzador, and will shift the concept into a plug-in hybrid. Concerning investors, Lamborghini said interest in a full-electric vehicle in its target market was "close to zero."
What it all means for Ferrari stock
The Luce will be a true test of Ferrari's pricing and brand power as wealthy consumers generally buy a Ferrari knowing its residual value will remain high, but that could waver if demand for a high-end electric vehicle is weaker than expected. Ferrari's initial strategy will be to price the Luce at about 550,000 euros, according to Automotive News sources. That price tag will put the EV above the company's popular Purosangue, which starts at roughly 450,000 euros.
Story Continues
It's really a continuation of Ferrari's broader strategy to keep prices and values high, rather than targeting volume sales. Despite some uncertainty around the Luce premiere, Ferrari's order book extends into the end of 2027, and investors should expect consistent, strong results in the near term.
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Daniel Miller has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Ferrari. The Motley Fool has a disclosure policy.
Ferrari Beat Estimates. So Why Is the Stock Down? was originally published by The Motley Fool
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- Ferrari Beat Estimates. So Why Is the Stock Down?
May 9, 2026 · fool.com
Despite lower deliveries, Ferrari topped analyst estimates. Rival Lamborghini canceled its first full-electric vehicle, citing low demand.
