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Hector Ruiz
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AMD shares fall after CEO steps down, weak 2Q
Shares of Advanced Micro Devices Inc. fell at the market open Friday, a day after the chip maker reported the departure of Chief Executive Hector Ruiz and reported a wider second-quarter loss than analysts expected.  AMD changes CEO as turnaround pressure intensifiesUnder Hector Ruiz's leadership, chip maker Advanced Micro Devices Inc. rose to challenge larger rival Intel Corp. as never before in AMD's nearly 40-year history.
Summary Box: AMD changes CEO amid struggles
COMMAND CHANGE: Hector Ruiz, 62, is done as CEO at chip maker Advanced Micro Devices Inc. after six turbulent years. He now is executive chairman.
AMD CEO steps down as chip maker struggles
The CEO of chip maker Advanced Micro Devices Inc. is stepping down. |
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