Rory Read, a former chief executive office of Advanced Micro Devices, on Monday joined Dell as the chief operating officer. Among other things, Mr. Read will be responsible for sales of commercial systems at Dell. Rory Read, who spent nearly three decades at IBM and Lenovo, will become chief operating …
Read More »Former AMD CEO Rory Read to land in Dell’s enterprise division
Rory Read, a former chief executive officer of Advanced Micro Devices, will join Dell next week, a media report claims. Mr. Read, who used to be a high-ranking executive of IBM’s and Lenovo Group’s PC divisions many years ago, will once again work at a computer hardware company. His future …
Read More »AMD: 50% of revenue will come from non-PC sector by late 2015
In the coming quarters Advanced Micro Devices will continue to shift its focus from personal computers to other devices. By the end of 2015 about half of the company’s revenue will come from products that are not related to personal computers, in line with the company’s plans. For many years …
Read More »AMD delays financial day event as it rethinks its roadmap
Advanced Micro Devices traditionally holds its Financial Day for investors and financial analysts in November, just like Intel Corp. However, it will not host the event this year as it is reshaping its roadmap and reconsiders its goals going forward. A spokesperson for AMD has confirmed KitGuru that the company …
Read More »Analysts welcome Lisa Su as AMD’s CEO, but questions remain
Market analysts responded positively to the appointment of Lisa Su to the position of AMD’s chief executive officer. The observers believe that it was wise for the board of the company’s directors to choose someone with a chip design experience, however, many analysts question the timing when the decision was made …
Read More »Lisa Su becomes new CEO of AMD as Rory Read steps down
In a rather unexpected move, Rory Read late on Wednesday stepped down as the chief executive officer and president of Advanced Micro Devices. AMD has already appointed Lisa Su as the new CEO and president. The move possibly reflects AMD’s decision to replace a business executive with a highly-experienced technology …
Read More »AMD: ‘Bulldozer’ was not a game-changer, but next-gen ‘Zen’ will be
Advanced Micro Devices on Wednesday confirmed that it is developing an all-new high-performance x86 micro-architecture code-named “Zen”. Rory Read, chief executive officer of Advanced Micro Devices, admitted that the current-generation “Bulldozer” micro-architectures could not improve AMD’s positions on the market of central processing units, so, at present AMD pins hopes on …
Read More »AMD: New chip designs are more than 18 months away
Advanced Micro Devices has significantly reinvented itself in the recent years. The company changed its strategy and improved its execution. Still, in order to be successful and profitable the company needs new competitive products since currently AMD cannot compete against Intel on the market of high-performance microprocessors. Unfortunately, brand new …
Read More »Will AMD announce record chip sales for Q4 2013?
With its Q4 Earning Call scheduled for 10:30pm tomorrow night, there is a lot of speculation about what AMD might be announcing in terms of revenue, profit and outlook. KitGuru puts its ear to the ground and listens for the strongest rumblings. In the run up to an earnings call, …
Read More »Has AMD taken 2 years to follow nVidia’s footsteps?
At CES in January 2011, Jen Hsun gave a big speech about the fruits from Project Denver, the idea of nVidia working with another company to incorporate important CPU technologies that the graphics giant lacked in its portfolio. Today, in San Francisco, AMD looks set to make a very similar …
Read More »AMD begins to move away from PC industry
Alongside the news that over 1,000 jobs would be lost to redundancy, last night's Q3 earnings call gave AMD the opportunity to discuss the changes it sees happening in the market – and how it sees itself ten years down the line. One thing was loud and clear, it won't …
Read More »AMD loses over 1,000 jobs during evolution
During last night's Q3 financial call, AMD executives delivered the news that KitGuru has expected for almost a year – a significant reduction in workforce going forward. It simply doesn't need the same workforce going forward as it did in the past. KitGuru pulls out the abacus to calculate the …
Read More »AMD financials predict Q3 drop while Intel targets increase
Following AMD's early heads-up to the market that it could miss its stated target for 2012, it comes as little surprise that today's numbers are not strong. So what next for AMD and how should it react? KitGuru leans against a Wall in the Street and ponders whether money ever …
Read More »AMD works harder for less in 2011 – annual results in
At the end of 2010, the mood at AMD was pretty positive. After languishing around the $4 Billion turnover mark for ages, the company finally delivered a quantum jump to a bigger revenue position. However, 2011 proved to be a much more difficult environment. KitGuru pulls out the trusty abacus, …
Read More »AMD recruits Lenovo COO as new CEO
In what appears to be a fantastically powerful move, chip designer AMD is expected to announce that it has secured Lenovo's Chief Operating officer as its new CEO. KitGuru digs a little deeper into what this will mean for AMD specifically and the industry overall. Read recruitment anyone ? IBM …
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