AMD has promoted Walid Maghribi to the newly created position of president of the company's Memory Group.

He was plain old group VP of the Memory Group before.

Hector de J. Ruiz, president and chief operating officer of AMD, said: "In 2000, the Memory Group grew sales by more than 100 per cent to more than $1.5 billion. In his new role, we expect Walid will be in a position to make even greater contributions to the continued growth of AMD."

Maghribi, 48, joined AMD as a product line manager in 1986 and held several positions before being promoted to group vice president in April 1997. ®