Globalfoundries

AMD’s Outlook Sinks Stock

Arik Hesseldahl in News on January 24 at 2:56 pm PT

Earnings in the quarter just ended were okay, but the outlook ahead is weak. Also, a big writedown hurts results.

Patrick Moorhead, Longtime AMD Exec, Leaving Company

Arik Hesseldahl in News on November 4, 2011 at 10:45 am PT

The last of a generation of AMD VPs who had been hired by its legendary founder, Jerry Sanders, is headed for the exit.

Big Surprise, Not: AMD Is Having a Hard Time Hiring a New CEO

Arik Hesseldahl in News on June 15, 2011 at 8:35 am PT

Three people approached for the top job at No. 2 chipmaker Advanced Micro Devices have all said no. This is because the troubles at AMD run so deep that there’s little chance for the kind of success a potential CEO would want.

The Problem With Those Rumors of an AMD Buyout

Arik Hesseldahl in Enterprise on February 16, 2011 at 7:30 am PT

Rumors are rumors, but the ones that emerged yesterday that chipmaker Advanced Micro Devices is ripe for a buyout don’t take into consideration the numerous complications that stand in the way of such a deal getting done. AMD’s relationship with Intel is a big one.

Is Eastern New York Becoming a Hot Spot for Tech?

Alexander Hotz, Reporter, The Wall Street Journal in News on December 3, 2010 at 9:10 am PT

Mention the “Tech Valley” to someone and they could be forgiven for assuming that California’s Silicon Valley is the topic of conversation. The Tech Valley is located in eastern New York and, though it’s not as well known as its sexier West Coast cousin, it is becoming a hot spot for tech companies.

Abu Dhabi's Ambitions for Chip Manufacturing Hub

Yun-Hee Kim, Reporter, The Wall Street Journal in News on September 16, 2010 at 8:03 am PT

Over the last three decades, players in the cutthroat semiconductor industry have watched chip production move from the U.S. and Japan to South Korea, and then to Singapore and Taiwan. They’ve also witnessed over the past few years production move slowly to low-cost places like China where even chip giant Intel took a big gamble and set up an advanced manufacturing base in Dalian. But now, oil-rich United Arab Emirates wants in on some of the action with its ambitious plan to build a chip manufacturing hub in the country by 2030. Could it succeed?

AMD Posts Sharply Higher Sales

Kathy Shwiff, Reporter, The Wall Street Journal in News on July 15, 2010 at 2:53 pm PT

Advanced Micro Devices Inc. posted a narrower second-quarter loss on sharply higher revenue and margins. The chip maker’s improved results mirrored the strong earnings report Tuesday by much-larger rival Intel Corp., which credited in part increased spending by businesses. AMD, which sells chips that serve as calculating engines in personal computers, returned to profitability in the fourth quarter after three years of losses.