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AMD chief says company will return to profitability later this year
- AMD held a conference call following yesterday’s earning results in order to clear up any misunderstandings and field questions from analysts and investors. According to reports, CEO Rory Read outlined AMD’s three-phase restructuring plan with the goal of returning to…
AMD posts $157 million loss, cutting workforce by 15 percent in Q4
- Things could quickly be going from bad to worse in the event you work for AMD or know someone that does. The struggling microprocessor company has reported a loss of $157 million ($0.21 per share) for the third quarter on…
AMD CEO says every laptop on the planet has enough processing power
- In a follow-up to earlier comments by a company representative regarding future strategy for AMD, CEO Rory Read was recently quoted as saying that there’s enough processing power on every laptop on the planet today. He’s specifically referring to what…
AMD picks Lenovo veteran as its new president and CEO
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The search for a new leader over at AMD is finally over: today the company has appointed Rory Read, Lenovo's former COO, as its new president, CEO and board member. The announcement concludes a seven-month search after AMD's previous CEO, Dirk Meyer, was ousted...
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