News
 

Bookmark and Share

(3) 

Advanced Micro Devices has been living without chief executive officer (CEO) for over two months now, which definitely poses a problem as the company essentially lacks a solid and clear long-term strategy. However, an analyst claims that the company has a lineup of people to choose from and that it may announce its new CEO relatively shortly.

“We believe that the company has a good selection of candidates lined up and that an announcement will be made relatively soon," said Romit Shah, a chip analyst with Nomura Securities, reports Tech Trader Daily.

Dirk Meyer resigned from AMD in early January. It is widely believed that the board of directors was not satisfied with the company's plans in regards of mobile devices, such as tablets. Thomas Seifert, originally chief financial officer of the chip designer, acts as interim CEO.

At present it is completely unclear who may be AMD's next chief executive. Many believe that AMD's current executives, such as Rick Bergman, who joined AMD after the acquisition of ATI Technologies and helped to revive the company's graphics business, may become AMD's next leader. Another names include Pat Gelsinger from EMC Corp. James Lederer from Qualcomm and many others.

Given the fact that several executives who worked in various server-related divisions at AMD also resigned following Mr. Meyer, it is unlikely that the new CEO will come from the server industry. On the other hand, AMD's short-term success will not be determined by tablets or other emerging devices, but by the company's ability to correctly position its accelerated processing units (APUs), central processing units (CPUs) and graphics processing units against competing chips from Intel Corp. and Nvidia Corp.

Tags: AMD, Phenom, Bulldozer, Llano

Discussion

Comments currently: 3
Discussion started: 03/15/11 07:42:30 AM
Latest comment: 03/16/11 04:42:31 PM

[1-3]

1. 
One year ago, most analysts expected the iPad to fail. Now tablets are the new mantra.
0 0 [Posted by: BernardP  | Date: 03/15/11 07:42:30 AM]
Reply

2. 
Tablets are not the mantra, huge percent of global population doesnt give a damn about them.
0 1 [Posted by: bereft  | Date: 03/15/11 11:07:23 AM]
Reply

3. 
tablets are definitely the buzz right now, but notebooks and desktops continue to be the industry's revenue drivers...
0 0 [Posted by: gogetter  | Date: 03/16/11 04:42:31 PM]
Reply

[1-3]

Add your Comment




Related news

Latest News

Wednesday, August 20, 2014

10:53 am | AMD to Cut Prices on FX-9000, Other FX Processors: New Prices Revealed. AMD to Make FX Chips More Affordable, Discontinue Low-End Models

10:32 am | LG to Introduce World’s First Curved 21:9 Ultra-Wide Display. LG Brings Curved Displays to Gamers, Professionals

9:59 am | AMD Readies FX-8370, FX-8370E Microprocessors. AMD Preps Two New “Mainstream” FX Chips

Monday, August 4, 2014

4:04 pm | HGST Shows-Off World’s Fastest SSD Based on PCM Memory. Phase-Change Memory Power’s World’s Fastest Solid-State Drive

Monday, July 28, 2014

6:02 pm | Microsoft’s Mobile Strategy Seem to Fail: Sales of Lumia and Surface Remain Low. Microsoft Still Cannot Make Windows a Popular Mobile Platform

12:11 pm | Intel Core i7-5960X “Haswell-E” De-Lidded: Twelve Cores and Alloy-Based Thermal Interface. Intel Core i7-5960X Uses “Haswell-EP” Die, Promises Good Overclocking Potential