Featured Articles

Intel releases tiny 3G cell modem

Intel releases tiny 3G cell modem

Intel has released a 3G cellular modem with an integrated power amplifier that fits into a 300 mm2 footprint, claiming it…

More...
Braswell 14nm Atom slips to Q2 15

Braswell 14nm Atom slips to Q2 15

It's not all rosy in the house of Intel. It seems that upcoming Atom out-of-order cores might be giving this semiconductor…

More...
TSMC 16nm wafers coming in Q1 2015

TSMC 16nm wafers coming in Q1 2015

TSMC will start producing 16nm wafers in the first quarter of 2015. Sometime in the second quarter production should ramp up…

More...
Skylake-S LGA is 35W to 95W TDP part

Skylake-S LGA is 35W to 95W TDP part

Skylake-S is the ‘tock’ of the Haswell architecture and despite being delayed from the original plan, this desktop part is scheduled…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 12 November 2009 12:21

AMD expects profitability in 2010

Written by Fudzilla staff


Image

Focusing on consumers, graphics


For the
first time in years, chipmaker AMD expects to report profits in its CPU business next year.

During a meeting with analysts and investors, AMD execs expressed their confidence that they are working to reduce debt, currently running at $3.2 billion. AMD CFO Thomas Seifert said that debt reduction is the company's priority and that AMD hopes to keep as muchas $1 billion cash on hand in the time to come.

CEO Dirk Meyer was even more optimistic, promising to turn AMD into a cash flow generating machine. "I can already hear the cash registers starting to ring, which is wonderful," said Meyer.

Meyer stressed that AMD's strategy will be consumer oriented and that AMD will concentrate on graphics. "Increasingly, people aren't going to be satisfied showing up to work and having a lousier experience on their computer than they do at home," claims Meyer.

Meyer also commented recent antitrust fines imposed against rival Intel, saying: "I'm looking forward to a future in which our ability to succeed as a business is governed by the quality of our products and the quality of our customer relationships. I can tell you that hasn't always been true."

More here.

Fudzilla staff

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