Items tagged with Rory Read
Surprise! AMD has a new chief and her name is Dr. Lisa Su. She replaces Rory Read, 52, who has stepped down as president and CEO as part of a transition plan that will have him support the new boss in an advisory role. Read will remain with AMD through the end of the year, at which point Dr. Su will be flying solo...
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AMD announced its earnings today, with figures that generally reflected to poor state of the entire PC industry. Normally, this is where I'd delve into those figures and run the numbers. Not this time. AMD's conference call and Q&A session were interesting enough that the company's Q1 performance can be dealt with...
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Advanced Micro Devices (AMD) has a new Senior Vice President and Chief Financial Officer (CFO), and his name is Devinder Kumar, the Sunnyvale chip designer announced this week. The 57-year-old executive will report directly to AMD President and Chief Executive Officer (CEO), Rory Read. "Devinder has been with AMD for...
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After more than six months of high-to-mid profile executive departures, AMD has major news to announce on its new executive hire -- and he's a welcome addition. Starting today, Jim Keller will serve as a vice president and the company's Chief Architect for CPU Cores. Keller has spent more than thirty years in the...
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When AMD told investors that its second quarter results would be significantly lower than anticipated, the company's stock price went into a skid. Historically, AMD's quarterly warnings have been followed by ugly earnings calls, filled with enough red ink to drown a small army of accountants. It is, therefore, a pleasant surprise to see that...
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When AMD held its Analyst Day a few weeks ago, the company focused on how it was fundamentally changing its approach to semiconductor research and product development. Years of attempting to compete with Intel drained company coffers and exposed it to tremendous competitive pressure. Consumers unquestionably profited...
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AMD announced its fourth quarter and 2011 results yesterday. The figures aren't bad in and of themselves, but the company's overall position headed into 2012 is decidedly uncertain. Yearly revenue was flat at $6.57B, with total net income for fiscal 2011 at $495M, up four percent from 2010. "AMD shipped more than 30 million APUs in 2011, resulting...
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