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Advanced Micro Devices, AMD Timeline Thursday, July 24     Author
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1Q Losses Narrows; Sales Slump

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Legend  
CEO Changed as Results Fall Short


July 2008 ... more > Top ^

Jul. 17
  Hector Ruiz was pushed aside after six tumultuous years as CEO, as the chip maker tries to pull itself out of a deep financial hole


April 2008 ... more > Top ^

Apr.17
  Advanced Micro Devices 1st-quarter loss matched lowered expectations, with the chip maker hurt by its inability to unload older products
Apr.11 Chief Technology Officer Resigns
  Phil Hester is stepping down as AMD tries to recover from a sales slump triggered by prolonged product delays and tougher competition
Apr.7 AMD Lowers Sales Outlook, Plans Job Cuts  Battered by product delays and acquisition costs, beleaguered chip maker will jettison 10% of its work force, which amount to 1,600 workers

March 2008 ... more > Top ^

2 cyclists killed in crash with deputy's car

year 2007 Top ^

Nov.16 Abu Dhabi Buys Stake In AMD
  The sale of an 8.1% to the Abu Dhabi government's investment arm represents the latest plunge by a wealthy nation into a U.S. corporation Sep.10 AMD to Launch New 4-Core Server Chip
  Advanced Micro Devices is delivering redesigned Opteron processor, the biggest jolt to its product lineup in four years
Jul.20 Shares Rise on Higher 2Q Chip Sales
  Advanced Micro Devices posted a 2nd-quarter loss on heavy acquisition costs and lower microprocessor prices Apr.19 AMD Struggles In 1Q, Loses $611 Million  Advanced Micro Devices reported a greater-than-expected loss as the chip maker continued to struggle amid a price competition with Intel Mar.6 AMD Warns It Won't Meet 1Q Revenue  Advanced Micro Devices was unlikely to meet its first-quarter revenue guidance of $1.6 billion to $1.7 billion

year 2006 Top ^

Report of options probe, shares rebound Dec.2 AMD, Nvidia in antitrust investigation Oct.23 Dell unveiling AMD-powered computers  AMD and Dell are unveiling 2 new business computers that will feature the Opteron microprocessor Aug.2 IBM servers use chips by AMD Jul.24 Advanced Micro Devices To Acquire ATI
  AMD will pay $5.4 billion to acquire top graphics chip maker ATI Technologies Inc.
Jul.21 Shares sink after 2Q profit miss Jul.7 Price Cuts Throw Fork in AMD Plans. Intel NASA Ames Celebrates Launch of Shuttle Jun.27 New chip aimed at AMD. Intel May.20 Dell to use some AMD chips Jan.19 Shares Soar on Fourth-Quarter Profit

year 2005 Top ^

Dec.17 Spansion spun off
Nov.9 PC chips by AMD surpass Intel's Dalai Lama Dodges Politics On Visit Jun.28 AMD files antitrust suit against Intel  Advanced Micro Devices is accusing its market-dominating competitor of forcing customers into exclusive deals Apr.13 AMD posts loss, announces spin-off  Struggling memory chip business saw weak pricing. Memory business, called Spansion, had filed for IPO Human Finger Found in Fast Food Chili

year 2004 Top ^

Jan.20 First profit in more than two years  Advanced Micro Devices recorded near-record sales as demand for AMD microprocessors and flash memory surged

year 2003 Top ^

Sep.22 Athlon 64, Seen as Head Start Vs Intel  The new chip will be marketed first to hard-core gamers and scientists and engineers Sep.11 AMD did not discriminate against Arabs Jul.16 Diminished quarter expectations beaten  Advanced Micro Devices posted a $140 million loss in the second quarter Apr.21 64-bit computing with server chip  Advanced Micro Devices gambles on Opteron, high-powered microprocessor Apr.16 Wider first-quarter loss  Microprocessor sales at Advanced Micro Devices improved and the company significantly reduced expenses

year 2002 Top ^

Nov.14 Chip-maker to cut 2,000 jobs  Advanced Micro Devices will cut 15% of its work force. AMD wants to reduce its expenses by $350 million in 2003 Nov.7 AMD plans layoffs, will take large charge
  20% of 13,187 employees could be cut. Executives plan to take a charge of 'several hundred million dollars' 4 arrested after transgender teen slain
Oct.2 Revenue shortfall warning
  Chip-maker Advanced Micro Devices warned its 3rd-quarter sales will fall about $100 million short of expectations Apr.25 Flamboyant CEO steps down  W.J. Sanders III will remain chairman but day-to-day operations will now be handled by former Motorola executive de J. Ruiz CEO claims victory in merger vote

year 2001 Top ^

Jul.12 Profits fall 92% Jul.5 AMD fall well short of earnings  Chip maker sales declined 17% from the first quarter. Shares down 16% May.13 AMD introduces new mobile chips

year 2000 Top ^

Jun.28 Pentium-4 50% faster
. Intel

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