AMD Loses $1.2 Billion and Its CEO
by me on Jul.18, 2008, under Computer Security, Technology
This is an interesting article that I saw on slashdot. I wonder what this will mean for the future of processor competition.
Barence writes to mention that after seeing almost $1.2 billion in second quarter losses, AMD’s CEO has resigned. Stepping up to fill his shoes will be Dirk Meyer, previous company president and COO. “Only two years ago, the company held a processor performance lead and was making serious inroads into Intel’s market. However, AMD failed to keep pace with Intel’s Core technology, and it once again surrendered its performance crown at the dawn of the multicore era. Those problems were exacerbated by the bungled launch of the Barcelona processors, which prompted Ruiz to make a frank public apology last December.”
Read more of this story at Slashdot.
