Featured Articles

Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
iPhone 6 and 6 Plus reviews are up and they are good

iPhone 6 and 6 Plus reviews are up and they are good

Apple is dancing the same dance year after year. It releases the iPhone and two days before they start shipping it…

More...
Amazon announces three new tablets

Amazon announces three new tablets

Amazon has just released three new tablets starting with the $99 priced 6-inch Kindle Fire HD6. This is a 6-inch tablet…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 27 July 2009 21:36

Hector is the key character in making Fab 2 a reality

Written by Fuad Abazovic


Image

Political games


Hector Ruiz
actually did something good before he led AMD to the edge of financial disaster. The ex-Motorola guy that got AMD on its feet with K8 core an Opterons, and to the edge of the disaster with first native quad-core K10 Barcelona actually did something good before he was pushed out of the AMD’s leadership.

Hector was the guy who talked to all the politicians and managed to secure $1.2 billion in state subsidies. Senators also mentioned Lou Gerstner, former IBM CEO, as IBM also has its own Fab in east Fishkill, also in New York State. IBM was thinking about leaving New York State with most of its staff in the mid 90’s, but State Senators managed to convince them to stay, promising some big investments in the chip industry. Some 15 years later, they put the promises to reality, but they gave the money to Globalfoundries.

Image

Many are not a big fans of idea that this high technology is co-owned by United Arab Emirates ATIC investment fund but in real life, these people saved AMD’s butt big time, as recently AMD has been a great machine for losing money, and with Intel being stronger than ever, and things are not going to get better anything soon.

AMD can be happy that Dirk Meyer took over as a CEO as he at least understands the product but some fear that Dirk lacks of politician and business experience to lead such a company. Some analysts believe that Dave Orton, retired CEO of AMD, was a better choice, but since Dave retired some 2 years ago, this obviously didn’t and won’t happen.

Image

Hector did his part and it might be his time to slowly retire completely even from the President post he has at Globalfoundies. He is definitely a wealthy man, one of the great leaders that was earning millions per quarter even when AMD under his leadership filed hundreds of millions of losses.

For what it's worth we believe that Hector should become a politician and try to negotiate peace in the Middle East, as if he would be as half successful as with his bonus negotiations, this region would see peace really soon.

Fuad Abazovic

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments