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AMD positive about the future

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Posted May 9, 2008 by admin in News

In order to keep AMD’s head above the water, Ruiz said, “[we will be] reducing our break-even point by several hundred million dollars so that we will be profitable on our current revenue stream.” In other words, if the previously announced job cuts and restructuring work out, AMD may not need to double its market share to be profitable again.

Speaking of restructuring, Ruiz also had a little more to say about AMD’s long-awaited “asset smart” strategy. As part of the strategy, Ruiz said, AMD will “deploy [its] manufacturing assets to most cost-effectively stay at the leading edge and deliver customer value.” While vague, the statement further hints that AMD might spin off its manufacturing business as a separate entity.

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