Items tagged with Seifert

It’s almost like people don’t like being in charge of tech companies anymore; joining OCZ’s (former) CEO Ryan Peterson and NVIDIA’s (former) GM of mobile business Mike Rayfield, AMD’s CFO Thomas Seifert is leaving the chipmaker “to pursue other opportunities” that likely include a permanent CEO position.... Read more...
AMD's burgeoning profitability took a hammering in Q1 thanks to a $700M deal with GlobalFoundries, its purchase of SeaMicro, and a sequential decline in sales. Total company revenue was $1.59B (down from $1.69B in Q1 2011), but Sunnyvale delivered a $590M net loss. Much of that is attributable to the company's new... Read more...
AMD's second-quarter results showed a small decline in sales revenue, but according to Mercury Research, a drop in ASPs year-on-year hid the smaller company's market share gains. AMD's total share of the x86 industry stood at 19.4 percent in Q2, up from 17.8 percent a year ago. Intel is estimated to have held 79.9... Read more...
When AMD announced roughly one month ago that it was firing Dirk Meyer as CEO, it touched off a controversial debate as to the reason for the CEO's dismissal. The fact that the dust from that decision has scarcely settled hasn't deterred AMD from wielding the axe again—this time it's chief operating officer Robert Rivet and senior VP... Read more...
AMD has released its fourth quarter 2010 financial results and they're nice numbers to end a year on. The company's revenue of $1.65B was up two percent quarter-on-quarter and flat compared to 2009. Despite the sales plateau, AMD's position has substantially improved over the past 12 months; the company reported a Q4 net income of $375M for... Read more...