|  | | AMD's CEO Steps Down | 
AMD has seen its share of ups and downs over the years, but the company has had it especially hard ever since its acquisition of ATI Technologies in 2006. Since then, the company has experienced numerous quarters of losses, announced job cuts, and has watched as top executives abandoned the chip giant. Most recently, AMD announced that it would take another $880 million USD charge due to the poor performance of ATI's Consumer electronics division.
Today, AMD CEO Hector Ruiz stepped down from his position with the company. Ruiz joined the company in January 2000 and became CEO in April 2002. Ruiz will be replaced by the current Number 2 in charge, Dirk Meyer. Ruiz will stay on as the executive chairman of AMD's Board of Directors. The future looks uncertain as the man who has become the face of AMD moves on to greener pastures. Meyer will have to find a way to get AMD back on a track to profitability and get its first 45nm processors out the door to combat Intel.
You can read the entire article at DailyTech.
| | 9 Comments | | | Ruiz is an idiot , always blowing his own trumpet. I hope this new guy actually does something for AMD. | | | | I honestly, sincerely, and seriously wish Ruiz had stepped down before AMD ever acquired ATI. In the two years since this ill-fated acquisition, I have not changed my mind about how bad this whole deal was/is/and ever will be. | | | | Why is everyone blaming the ATI division....If AMD were producing a product as competitive as ATI is then AMD/ATI would not be in trouble. | | | | Quote:
Originally Posted by technogiant  Why is everyone blaming the ATI division....If AMD were producing a product as competitive as ATI is then AMD/ATI would not be in trouble. | AMD should have focused entirely on their PROCESSOR development and left ATI alone. They poured so much money into acquiring ATI, and haven't seen the results they were hoping for. ATI didn't need to be acquired by anyone in my estimation. Let alone, AMD which was already playing catch up to Intel in the processor race.
So, yes, for me, it was the beginning of big trouble when AMD got sidetracked from their main purpose...which was and SHOULD BE to develope processors. | | | | Quote:
Originally Posted by Dyre Straits AMD should have focused entirely on their PROCESSOR development and left ATI alone. They poured so much money into acquiring ATI, and haven't seen the results they were hoping for. ATI didn't need to be acquired by anyone in my estimation. Let alone, AMD which was already playing catch up to Intel in the processor race.
So, yes, for me, it was the beginning of big trouble when AMD got sidetracked from their main purpose...which was and SHOULD BE to develope processors. |
to me it is just a growing pain of amd....i think it was a wise choice but ........there is some suffering . they are nowheres close to outta the game yet | | | | Quote:
Originally Posted by technogiant Why is everyone blaming the ATI division....If AMD were producing a product as competitive as ATI is then AMD/ATI would not be in trouble. | Thats a damn good point..
I think somewhere there are some major product development issues with AMD chips, why has it taken them so f****ing long to come up with some new products??
The last CPU offering we had from AMD was the lame Phenoms -and lets face it, they were just glorified X2 processors which were pretty much created back in the iron age.
You must admit, when the competition is churning out newly developed chips like clockwork at some point the alarm bells have to start ringing.
That and the fact that there are also what i like to call some major "profit prioritisation" issues... and by that I mean when you look at your development cycle objectively you have to think to yourself, "am i going to make more money out of focusing on developing some really good new processors?" or " am I going to make more money out of spending time and resources developing some stupid Spider platform which will basically just showcase my already existing product lines?" - i mean, think about it, which one of these two options are people really more likely to go out and spend their money on?
hell, I think I should be running this company  |
Last edited by Syncroneyes; July 18th, 2008 at 12:04 PM.
| Quote | | | | | Quote:
Originally Posted by Syncroneyes Thats a damn good point..
I think somewhere there are some major product development issues with AMD chips, why has it taken them so f****ing long to come up with some new products??
The last CPU offering we had from AMD was stupid Phenoms -and lets face it, they were just glorified X2 processors which were pretty much created back in the iron age.
You must admit, when the competition is churning out newly developed chips like clockwork on a regular basis then at some point the alarm bells have to start ringing.
That and the fact that there are also what i like to call some major "profit prioritisation" issues..
hell, I think I should be running this company | Maybe ,maybe .......... hey ya got my vote if dat count's....... | | | | Best news in ages. Now to see what Dirk Meyer is capable of. Quote: |
hell, I think I should be running this company
| That would make ruiz look really good. | | | |  Well, I think it would be hard to do much worse.
Running these multi-billion dollar corps is childs play really  | |
|
