Feeds

AMD boss keeps schtum on manufacturing restructure

Meeting doglegs to pointlessness

Secure remote control for conventional and virtual desktops

AMD's annual shareholder meeting today could have been an excellent time to elaborate on the company's plan to reverse course from an extremely rough 2007.

The chipmaker suffers from six consecutive quarters of operating at a loss, deflated stock, and has a massive workforce lay-off scheme in play. For a year now, AMD has vaguely hinted at a piece of the cure in an "asset smart" strategy to reorganize its manufacturing operations -- yet details haven't been exactly forthcoming.

That's why investors and analysts were seeking a bit more substance from CEO Hector Ruiz in shareholder meeting today in Austin, Texas. What they got in his 20-minute speech was more vapory optimism and a chat about golf.

"Our plans are bold, and progress is ongoing," Ruiz said. "And I hope to communicate additional details of this complex undertaking in the very near future."

He suggested the company will better focus on its core products by "doing fewer things better."

Speculation about AMD's manufacturing changes range from plans to rely more on outside fabs, to breaking up the company. AMD has refused to comment on the issue, and today's speech was not the venue to open up.

Indeed, the sole question from a shareholder was about why AMD doesn't sponsor professional golf tournaments for publicity. We kid you not.

Ruiz reaffirmed the company's promise to be operationally profitable by the second half of 2008. AMD also plans to exit operations proven to be stinkers.

"We are intensely scrutinizing our non-core businesses and revisiting their strategic fit into our plans," he said.

The meeting came a day after the company outlined its server chip roadmap for the next few years. Those plans include a 12-core chip code named "Magny-Cours," using AMD's next generation socket platform. ®

New hybrid storage solutions

More from The Register

next story
Half a BILLION in the making: Bungie's Destiny reviewed
It feels very familiar - but it's still good
Apple's big bang: iPhone 6, ANOTHER iPhone 6 Plus and WATCH OUT
Let's >sigh< see what Cupertino has been up to for the past year
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Get your Indian Landfill Android One handsets - they're only SIXTY QUID
Cheap and deafening mobes for the subcontinental masses
Apple's SNEAKY plan: COPY ANDROID. Hello iPhone 6, Watch
Sizes, prices and all – but not for the wrist-o-puter
DARPA-backed jetpack prototype built to make soldiers run faster
4 Minute Mile project hatched to speed up tired troops
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.