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AMD Loses $1.2 Billion and Its CEO

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."

4 of 373 comments (clear)

  1. Re:Fix it! by Amouth · · Score: 0, Flamebait

    oh god please don't remind me of VIA - i have worked hard the past 8 years to block their existance from my mind..

    --
    '...if only "Jumping to a Conclusion" was an event in the Olympics.'
  2. Re:Timing is everything by kestasjk · · Score: 0, Flamebait

    The EU smells free cash. "Want to do business here? Pay up." Extortion.

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    // MD_Update(&m,buf,j);
  3. Re:Mod Twitter's comment UP. by Anonymous Coward · · Score: 0, Flamebait

    Yes indeed, let's mod him up so he can organize crapfloods like these with his 12 accounts. We should all be so lucky to have our trolling go unnoticed and people like you to shill us up.

    You don't even see the problem here - you even called him twitter, yet his posting with another account.

  4. Re:Stocks fall by DarkProphet · · Score: 0, Flamebait

    Maybe next time you shouldn't try to be clever, and can just get to the point. You know, for all of us who obviously aren't as smart as you think you are.

    --
    What could possibly hurt the security of the American people more than giving our own government the ability to hide its