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Advanced Micro Devices Inc., the second-largest global supplier of microprocessors, is trying to bounce back amid slumping demand in a weak economy and stiff competition from industry giant Intel Corp. And on Thursday, financial analysts will get a chance to scrutinize AMD's major restructuring and its corporate strategy at...
Posted on November 13, 2008 9:41 AM
Debt-ridden Advanced Micro Devices Inc., the second-largest global supplier of microprocessors, is spinning off its manufacturing business into a joint venture with Middle Eastern investors so it can focus on the business of designing microprocessors. The new manufacturing entity, the Foundry Co., will include a soon-to-be-built factory near Albany, N.Y.,...
Posted on October 7, 2008 10:24 AM
Advanced Micro Devices Inc. named president and COO Dirk Meyer as chief executive. Meyer succeeds Hector Ruiz, who will become executive chairman of AMD and chair of the board. The announcement came late Thursday, about an hour after the chipmaker reported wider-than-expected losses...
Posted on July 18, 2008 10:45 AM
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