Items tagged with meyer

When AMD held its Analyst Day a few weeks ago, the company focused on how it was fundamentally changing its approach to semiconductor research and product development. Years of attempting to compete with Intel drained company coffers and exposed it to tremendous competitive pressure. Consumers unquestionably profited -- Intel's prices for various parts dropped dramatically in the early 2000s as AMD entered specific markets -- but Sunnyvale took a ferocious beating in the process. Forbes has published a major article on the company's turbulent last few years and current plans. It credits Dirk Meyer... Read more...
When AMD announced roughly one month ago that it was firing Dirk Meyer as CEO, it touched off a controversial debate as to the reason for the CEO's dismissal. The fact that the dust from that decision has scarcely settled hasn't deterred AMD from wielding the axe again—this time it's chief operating officer Robert Rivet and senior VP for corporate strategy, Marty Seyer, whose heads are on the chopping block. As with Meyer, AMD refused to provide additional information on why the new men are leaving the company, noting only that they intend "to pursue new opportunities." Unlike Meyer, who... Read more...
AMD has released its fourth quarter 2010 financial results and they're nice numbers to end a year on. The company's revenue of $1.65B was up two percent quarter-on-quarter and flat compared to 2009. Despite the sales plateau, AMD's position has substantially improved over the past 12 months; the company reported a Q4 net income of $375M for the quarter and $471M for the year. Part of that improvement is due to trimming costs—the company's yearly R&D expense was just $352M compared to $432M in 2009—but a hefty chunk of AMD's net income for the year comes courtesy of a legal settlement.... Read more...
It's been two days since AMD's Board of Directors announced it was firing then-CEO Dirk Meyer and new information on the board's reasoning has begun to appear. As we suspected, it was Meyer's decision not to focus on a new ultra-mobile processor that incurred the board's wrath. The particular incident in question is believed to be the decision to sell AMD's Imageon technology to Qualcomm in January of 2009 for $65 million. Qualcomm took the ARM-based Imageon core, integrated it with the company's own Snapdragon SoC, and has produced a line of profitable handsets. This, apparently, cheesed the BoD... Read more...
In a short interview to Digitimes, AMD CEO spoke a little about the company’s plan to counteract rival Intel’s Atom chip. Revealing nothing but a vague date, Meyer said that the company will begin sampling to partners in the beginning of 2010, while not attempting to break into the Netbook form-factor. Let’s read a little into this. In the ultraportable notebook segment, AMD already has the AMD Neo (single- and dual-core), which will do nicely when it comes to powering tiny notebooks, so where exactly does this Atom rival fit in? Considering the ARM-based netbooks that were on display at Computex... Read more...
AMD Board of Directors Elects Dirk Meyer President and CEO- Hector Ruiz Named Executive Chairman of AMD –SUNNYVALE, Calif. — July 17, 2008 — AMD (NYSE:AMD) today announced that its board of directors elected President and COO Dirk Meyer as the company’s chief executive officer.  Meyer succeeds Hector Ruiz, who will become executive chairman of AMD and chair of the board of directors.  As executive chairman, Ruiz will ensure a smooth executive leadership transition, focus on driving the company’s asset smart strategy to completion, and assist with high-level government and strategic partner... Read more...