Wed, Jul 11th 2007 1:07pm
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.
If you liked this post, you may also be interested in...
- DailyDirt: Processors Without Borders...?
- Is Nvidia Playing Fair With Their New Development Tools?
- Keith Alexander Offered To Resign, But White House Said No Because It Didn't Want Snowden To Win
- EU Antitrust Regulator Scolded For Simply Ignoring Evidence In Intel's Favor
- Will Nicholas Negroponte Ever Understand That Competition Isn't About Killing OLPC?