The fastest computer in the world - the Cray XT5 at Oak Ridge National Laboratory -- contains more than 37 thousand processors from Advanced Micro Devices. UT's Ranger supercomputer is ranked No. 9.
Hector Ruiz, former CEO of Advanced Micro Devices, is leaving his job with an AMD spinoff company after reports linking him to an insider trading case. Ruiz is taking a leave from his position as chairman of chip manufacturer GlobalFoundries, then will resign officially on Jan. 4. Last week, the Wall Street Journal identified Ruiz as the AMD executive who shared confidential information about his company with a trader who has since been arrested as part of the Galleon Group scandal. Ruiz has not been charged in the case. [Associated Press]
Former AMD chief executive officer Hector Ruiz finds himself tied to an alleged insider-trading case, raising questions about his business practices around an AMD spinoff company.
Advanced Micro Devices (AMD) became the latest company to take a hit from the lagging economy as officials announced today that they plan to eliminate 900 jobs.
The new manufacturing company, called the Foundry Company, will be a joint venture between AMD and two Abu Dhabi investment firms that have agreed to finance the building of a new chip factory near Albany, New York, and to upgrade the one of the company’s existing plants in Dresden, Germany.
Advanced Micro Devices, the microprocessor maker with about 2,600 employees in Austin, announced today that it will cut 10 percent of its worldwide workforce before the end of the third quarter.
Last Week Around the -ISTs
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