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

Monday, April 14, 2014

8:23 am | Microsoft Vows to Release Xbox 360 Emulator for Xbox One. Microsoft Xbox One May Gain Compatibility with Xbox 360 Games

Tuesday, April 1, 2014

10:39 am | Microsoft Reveals Kinect for Windows v2 Hardware. Launch of New Kinect for Windows Approaches

Tuesday, March 25, 2014

1:57 pm | Facebook to Acquire Virtual Reality Pioneer, Oculus VR. Facebook Considers Virtual Reality as Next-Gen Social Platform

1:35 pm | Intel Acquires Maker of Wearable Computing Devices. Basis Science Becomes Fully-Owned Subsidiary of Intel

Monday, March 24, 2014

10:53 pm | Global UHD TV Shipments Total 1.6 Million Units in 2013 – Analysts. China Ahead of the Whole World with 4K TV Adoption

10:40 pm | Crytek to Adopt AMD Mantle Mantle API for CryEngine. Leading Game Developer Adopts AMD Mantle

9:08 pm | Microsoft Unleashes DirectX 12: One API for PCs, Mobile Gadgets and Xbox One. Microsoft Promises Increased Performance, New Features with DirectX 12

3:33 pm | PowerVR Wizard: Imagination Reveals World’s First Ray-Tracing GPU IP for Mobile Devices. Imagination Technologies Brings Ray-Tracing, Hybrid Rendering Modes to Smartphones and Tablets

2:00 pm | Nokia Now Expects to Close Deal with Microsoft in Q2. Sale of Nokia’s Division to Close Next Month