AMD CFO Thomas Seifert Resigns

[sarinaide]

[citation][nom]ekho[/nom]Hard to hear some good news from AMD for several years now, except the Radeon parts that occasionally throw some good news, we read about , like Qualcomm buying AMD or SAMSUNG or .... We see bunch of [perhaps] useless presentation slides from AMD, their calendar of products delays ofter delays, they are Fab-Less , they could sell chips for Apple products but they couldn't afford the chips for that timeline, blah blah blah..... Ooooh[/citation]


Let me fetch my violin, the best part of this was the .... then it got ruined by the Ooooooh. Getting rid of washed up hasbeens that milked the company along with Hector Ruiz, responsible for delays..........THATS FANTASTIC NEWS.

 

[Reynod]

Missing a lot of engineering expertise at the top now he?

I guess thats what happens when you put a bean counter at the top.

AMD will slowly fade into a meaningless (but well marketed) and well leveraged company that in the end will have no product and probably rely on incomes from patent royalties.

With no need for staff that makes a great return for the investers.

A shell company ... they need to get some creative spark back into the business before it goes belly up.

The only reason why the company is currently not completely buried in debt is because of the ideas from the previous CEO and team ... the new crew have not contributed one thing so far of merit.

Watch Siefert get picked up by another F500 company in a heartbeat.

 

[spentshells]

So instead of people with actual tech backgrounds they hired spin doctors.............

 

[spentshells]

[citation][nom]otacon72[/nom]I'm sure he'll get millions when he leaves for running the company into the ground.[/citation]

I think you mean led the company to victory over a giant in the form of intel ???? is that what you mean ? or are you really just too young to know about that ?

 

[kartu]

[citation][nom]jprahman[/nom]I hear this argument presented all the time, and for a long time I agreed with it, but the more I think about it the more I feel it is flawed. [/citation]
You are too young, I guess. I still remember 33Mhz bumps for helluva lot money in 90th.
Even today they are playing this game, keep prices high, managed to sneak insane mainboard prices into it (big part of which goes for Intel's chipset I guess, for which there is no alternative)
No thanks.

 

[Wisecracker]

It's not Saudi. It's the UAE of which Abu Dhabi is a separate state..

I guess all those brown people look alike, huh?

 

[Guest]

If AMD stops making cpu's Intel will stop it's evolution? I don't think so otherwise Nvidia will take over with an emulated x86 chip.

 

[rohitbaran]

[citation][nom]pinhedd[/nom]AMD is still profitable, just barely.[/citation]
I mean market share loss. But yeah, it is not very profitable either as of now.

 

[sundragon]

Sigh...

I remember when Athlon was king...

The reality is that we need to have proper competition for Intel or progress dies. ARM based processors are nipping at it's heels and possibly the future of computing but we're not there yet.

I would love to know what happened along the way to making a better CPU. Was it the investment in ATI that tapped their ability to build a competitive package?

Here's to hoping they can turn around.

 

[silverblue]

[citation][nom]luc vr[/nom]If AMD stops making cpu's Intel will stop it's evolution? I don't think so otherwise Nvidia will take over with an emulated x86 chip.[/citation]
Intel is hardly likely to allow them to get away with that. You are right that Intel won't stop developing new technologies; maybe not at the same rate, but they'll still keep at it.

 

[bison88]

In an effort to not reiterate what others have already said I'll say this. If you think in your right mind that Intel is going to doom itself to making the same mistake they made in the 1998-2004/5 era again, you are dead wrong. Intel's overconfidence allowed a company like AMD to become what we know it today. A mistake that still lingers and will for a long time in the Intel camp. Suddenly a much smaller few billion dollar company was dominating a well established 40 year company with just as many billions, who helped create the very industry they were getting dominated.

It was and still is one of Intel's most embarrassing moments and they wont forget it even if they controlled 95% or more of the market.

 

[army_ant7]

Read needs Papermaster, if you know what I mean...
(Sorry, I just had to say that... :lol

 

[youssef 2010]

Looks like the company is changing in a way that the old employees find unacceptable