AMD 2Q Results

Hector Ruiz Quits As CEO of AMD Effective Immediately! He just announced it on the conference call. Dirk Meyer now CEO. Hector will hang around to fight Intel and do “Asset Light.”

We’ll have the “obituary” up early tomorrow.

AMD Results Almost exactly what we said on Wednesday. CPU sales dropped a bit more than seasonality. Only mild surprise is that the ATI graphics division did a bit worse this quarter than last. After stripping out all the one-time events, results were slightly worse than analysts expected.

About Ed Stroligo 95 Articles
Ed Stroligo was one of the founders of in 1998. He wrote hundreds of editorials analyzing the tech industry and computer hardware. After 10+ years of contributing, Ed retired from writing in 2009.

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