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Dirk Meyer has resigned from his post as chief executive officer at chip maker AMD.
AMD's Dirk Meyer has denied rumours that his company is about to be snatched up by Oracle.
Settlement with Intel helps AMD to first profitable quarter in over three years.
Comments by AMD CEO Dirk Meyer and CFO Bob Rivet lead to rumours that the company is planning to spin-off its manufacturing ability into a wholly separate company.
AMD announced during its quarterly conference call that current CEO Hector Ruiz is to be replaced by Dirk Meyer in an attempt to steer the ailing company back to profitability.
October 14 2021 | 15:04
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