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AMD's Plan To Recover From Its Perfect Storm

An anonymous reader writes "TG Daily has an interesting write-up on AMD's big Q1 loss and how the company plans to get back into the black. AMD admitted that Q1 was a meltdown and not just a miss. Looks like cost cutting, including layoffs, may be on the way. But the company says it won't change its overal direction. The CEO Hector Ruiz is quoted as saying, 'We are not going to change our strategy because of one lousy quarter.'"

8 of 247 comments (clear)

  1. ...because of one lousy quarter by Anonymous Coward · · Score: 5, Funny

    "It's to early, we are going to wait for a lousy year"

  2. I like AMD and all but... by empraptor · · Score: 1, Funny

    The "stay the course" strategy?

  3. Recover by Anonymous Coward · · Score: 3, Funny

    tar -xvf recover.tar

    1. Re:Recover by Fred_A · · Score: 3, Funny

      amd # tar -xvf recover.tar
        tar: unexpected end of archive
        tar: Error is not recoverable: exiting now
      amd # cd /home/newrecruits
      amd # rm -rf *

      --

      May contain traces of nut.
      Made from the freshest electrons.
  4. Why don't AMD switch by LiquidCoooled · · Score: 5, Funny

    Why don't AMD switch to using Intel for their processors?
    Look at how much good its done for Apple.

    --
    liqbase :: faster than paper
    1. Re:Why don't AMD switch by SplatMan_DK · · Score: 2, Funny

      They can't at the moment.

      They are too busy analyzing the benefits from switing to nVidia in their GPU division...

      --
      My security clearance is so high I have to kill myself if I remember I have it...
  5. And In Other News... by MightyMartian · · Score: 5, Funny

    Captain Smith is quoted as saying "We're not going to change direction because of one iceberg."

    --
    The world's burning. Moped Jesus spotted on I50. Details at 11.
    1. Re:And In Other News... by cmacb · · Score: 4, Funny

      I've lost track of the misery, heartbreak and suffering in this world that was caused by fallacious analogies.


      Isn't that sort of like counting your chickens before they hatch?