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More shake-ups at AMD

by on09 May 2008


Boss promises more shake-ups

AMD boss, Hector Ruiz, told shareholders that more changes were afoot at the troubled outfit to make it profitable.

Ruiz said the company had a tough 2007, but said that the company would become "consistently" profitable. He refused to say much more, which has led to speculation that the company may be considering a break up.

He said he wants to make AMD operationally profitable by the second half of 2008, and dump businesses that don't seem to be going anywhere.
Last modified on 09 May 2008
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