Former ATI Chief Quits AMD, Signalling An Unhappy Marriage
from the a-chip-on-your-shoulder dept
One of the biggest losers in the tech world right now is AMD, which has been getting its clock cleaned by Intel. Just a year ago, AMD was taking market share away from Intel, and with its acquisition of graphics chip maker ATI, it was supposed to establish technological supremacy over its much larger rival. But that dream has turned into a nightmare. The company announced today that David Orton, ATI's former CEO, would be stepping down, as plans to integrate the two companies' technology has been going slowly. Orton insists that he's still optimistic about AMD's chances (whatever that's worth), but it definitely appears that the company bit off way more than it could chew, in trying to do a major acquisition while simultaneously getting itself into a brutal price war with Intel.