AMD CEO Ruiz out; Can Meyer turn it around? by ZDNet's Larry Dignan -- Updated: AMD CEO Hector Ruiz has stepped down and the chipmaker has named chief operating officer Dirk Meyer as its new leader. The news comes amid the latest financial miss for AMD–a second quarter loss that missed estimates by a wide margin. Meyer’s job: Restore credibility. According to an AMD statement, Ruiz will become executive chairman. Ruiz [...]
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