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Ruiz was named Chairman of AMD spin-off GlobalFoundries in March 2009. [13] He resigned concurrent with reports that identified Ruiz as the previously unnamed AMD executive who allegedly discussed AMD's plans for the spin-off with an investment manager before it had been publicly disclosed. [14] Ruiz has not been charged with any criminal activity.
AMD serves a wide range of business and consumer markets, including gaming, data centers, artificial intelligence (AI), and embedded systems. AMD's main products include microprocessors, motherboard chipsets, embedded processors, and graphics processors for servers, workstations, personal computers, and embedded system applications.
Mubadala will invest $314 million for 58 million new shares, increasing their stake in AMD to 19.3 percent. $1.2 billion of AMD's debt will be transferred to The Foundry Company. [13] On 8 December 2008 amendments were announced. AMD will own approximately 34.2 percent and ATIC will own approximately 65.8 percent of The Foundry Company. [14]
At the time of this writing, AMD trades at a forward price-to-earnings (P/E) multiple of 29. By comparison, Nvidia's forward P/E ratio is currently 34. By comparison, Nvidia's forward P/E ratio is ...
AMD could be a coiled spring ready to unleash returns. Things seem poised to pick up speed in 2025. Analysts estimate AMD's revenue will finish 2024 at $25.66 billion and increase to $32.56 ...
AMD's drooping stock chart may be painful for current shareholders, but investors looking to put more of their cash to work in the market should celebrate the lower buy-in prices. In fact, AMD's ...
Intel successfully countersued AMD which caused AMD's stock to collapse and nearly killed the company. [ 9 ] In 2000, Sanders recruited Héctor Ruiz , at the time the president of Motorola's Semiconductor Products Sector, to serve as AMD's president and CEO, and to become the heir apparent to lead the company upon Sanders' retirement.
Therefore, the AMD brand was used as the replacement. The logo for graphics products and technologies also received a minor makeover (using design elements of the 2010 "AMD Vision" logo). This also marks the end of the "Mobility Radeon" name in their laptop GPUs, keeping only the "M" suffix in the GPU model number to signify a Mobile variant.