Advanced Micro Devices said Thursday that its chief executive, Hector Ruiz, was stepping down, to be replaced immediately by Dirk Meyer, the president and chief operating officer.
The announcement came after Advanced Micro posted its...
NEW YORK—Shares of chip makers mostly fell Friday, with Advanced Micro Devices Inc.'s dropping the most, after the company reported a wider-than-expected second-quarter loss.
Shares of AMD, which is the world's second-biggest computer processor...
Shares of Advanced Micro Devices (NYSE: AMD) fell at the market open Friday, a day after the chip maker reported the departure of chief executive Hector Ruiz and reported a wider second-quarter loss than analysts expected.
The shares lost 40 US...
Blog-posts
Hector Ruiz, the CEO who almost ruined AMD (NYSE:AMD), is gone, moved up to the chairman's role. and replaced by the company's COO Dirk Meyer. According to The New York Times, "Mr. Meyer, president and chief operating officer, is widely respected...
Any hopes that AMD might echo Intel's strong second quarter results were dashed this afternoon, when the company released (PDF) its own quarterly earnings. Revenue for the second quarter was down seven percent compared to the first quarter of this...
