AMD's Hector keeps us waiting
Rabbit still stuck in hat
AMD CEO Hector Ruiz tipped up at the firm's annual shareholder meeting today and failed to explain what is going to happen to the chip maker.
The bloke has been dropping hints about going "asset light" or "hopefully a bit more profit heavy" for a number of months now, and the speculation that he some cunning masterplan stuffed into his back pocket has boosted the firms's stock price by 20 per cent in the past two weeks.
That in itself was probably a good enough reason for him to keep his mouth shut.
The meeting lasted less than half an hour. Hector burbled on a bit about how the hard times are over. “Our long-term plan is to be profitable in good times and bad. We’re currently reorganizing the company,” he said.
He turned "asset light" into "asset smart" and did say the strategy was " progressing", but said he'd shed more light on the plans at some unspecified later date.
“I could not be more disappointed with our financial results," he confessed. "The Barcelona delay really hurts.”
And that was about it. Whether AMD will go fabulously fabless, or remain haplessly befuddled we'll have to wait to find out. µ
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Comments
Amd so smart
so by becoming asset smart in the future, that means they currently use their assets foolishly? not exactly what you want to tell investors.Needs ONE ?Big Product.
AMD is in strong position to Market something. Chipset/Game Card/CPU, I Don't Know, What AMD has is Fabs.Fabois cry, Narry-Weep for next improvement, However, AMD IS Ready to market that. AMD Could continue capturing Low Ender Market for quite awhile.
Marketing being TOP End Presently, NO New Product on Immediate horizon, PACKAGING- Ultie thought, sell em entire Combo Pack thru all those cool channels. ONE Hot Fab Turns AMD into RocketGod. State My Words: "Rocket-God".
ArydGodly Time To Bat Will Come.
Stewie Drashek
Inquirer Must have Trouble Seeing Through The Wool?
Gee, The Inquirer got fooled by Hector's AMD B.S. again... what a surprise (not).Hector Ruiz motto:
Fool them once; shame on me
Fool them twice; shame on you
Fool them 50 times; standard Operating procedure for those suckers at the Inquirer.
boy who cried asset lite
the boy who cried asset lite...why did he ever mention it in the first place...it just turns into a we are going to turn our company arround but we can't say how. If you can't say how then shut the hell upEl Ingenioso! DAAMITOS ¡Viva!
¡Los tiempos difíciles han terminado. !Nuestro plan a largo plazo ha de ser rentable en los buenos momentos y malos. ¡En estos momentos estamos reorganizando la empresa!El sexto de mayo, un día para celebrar Smart Activos. Si...
¡Mucho dinero en el futuro con sólidos Estados Unidos de Ammexico Pesos!
Idiot
Hector is the cause of it all the only thing that is in his back pocket is the bonus he got for this year for what NOTHING!!!No matter how many times you read Hector says this Hector says that it's not going to work out. Anyone at AMD read this GET RID OF HECTOR!!!.
more than one good product
AMD has good products...problem is most are gfx cardsthe 790fx chipset rocks its great in OC and in low power consumption....But without 3ghz phenoms its disapointing....
Personally a 790fx with 5000BE 2gb ram and a $100 OS all for under $600..... not bad AMD has always been a budget performer....now they need to get back the performance crown... interesting next few months.
Hector?
Hector is doing a great job. It took balls ofsteel and a PLAN to do the ATi purchase. When Shanghai is released with AMDs first server chipset in a decade, maybe you will understand why AMD HAD TO buy ATi.
They can't depend and nVidia and Broadcom for their 4P\8P chipsets. They do a good job but the full platform is more important.
And they also have a stable platform based on their own components. they had one with nVidia, but I guess OEMs weren't "happy enough."
They have managed to increase productivity by nearly 50% overall, 65nm is at 45W up to 2.5GHz, 23xx\83xx run at 20W less than Phenom. My guess is that by the time Deneb ships, Phenom will shed some more wattage through CTI, so that by the time HiK comes in they will be even lower than Intel again.
They managed to be the first to use EUV litho for layers, IOMMU debuts with DDR3, 23xx(AMD-V) is running at 70% of a standalone machine, those are products. A major part of CPU manuf is seemingly small steps.
They admittedly have to work out the power draw for quad, but it took Intel until HiK to get quad power down.
It just gets rather annoying listening to armchair business analysts spouting what they don't know about the world PC market. Intel has had as many issues with supply, but it's said that it doesn't matter if it's Intel casue, ummmm, ummmm, ummmm.
Sheep.
in classic INQ fashion...
So very true INQ fashion!!!I wonder how much DAAMIT has paid the INQ for the every positive publicity stunt? Hmm...
Perhaps it's the reason DAAMIT has lost its money... It paid a whole lotta moohlah to Charlie, Fudo and the gang!
C'mon INQ, show us da moolah!!!
"Gee, The Inquirer got fooled by Hector's AMD B.S. again... what a surprise (not)."