Items tagged with Ruiz

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...
Eyebrows were raised last week when reports came in saying that AMD CEO Hector Ruiz received a 7.4% raise last week, despite the problems the semiconductor company is having.  We can all rest easy knowing it's just a misunderstanding.It turns out that a senior member of AMD's public relations staff erred when confirming Thursday afternoon--prior to publishing this report--that Hector was given a raise this week. The raise in question actually came last year, and the $1,046,358 in the proxy statement reflected that Hector spent part of 2006 making $950,000, and part of 2006 making $1,124,000.... Read more...
As with all rumors, take the following story with a grain of salt until it is confirmed: It appears that a rumor is circulating amongst Wall Street traders that AMD might replace CEO Hector Ruiz.This may not be entirely surprising to some as AMD hasn't been performing at their best in recent months.  The K10 is far behind its original launch date, the R600 series was late and didn't ship with drivers that would make the most of its performance.  On top of all this, rivals Intel and NVIDIA have both managed to have pull off very successful product launches.“Speculation has been heightened... Read more...