AMD (AMD -3.8%) has re-hired Raja Koduri, who until recently was Apple's director of graphics...


AMD (AMD -3.8%) has re-hired Raja Koduri, who until recently was Apple's director of graphics architecture, CNET reports. It might not be a coincidence the report comes 8 months after AMD hired Apple mobile processor chief Jim Keller. AMD is selling off after delivering a Q1 beat and above-consensus Q2 guidance. On the earnings call, AMD claimed to have regained desktop GPU share, and that server CPU revenue rose Q/Q due to higher ASPs. There were some pointed questions about gross margin, particularly whether it can return to past levels given PC weakness and a mix shift towards embedded products. Nvidia (NVDA -0.3%) is underperforming.

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Comments (2)
  • theboys
    , contributor
    Comments (95) | Send Message
     
    I am getting closer and closer to making a buy. While the demise of the PCs has really hurt, it appears AMD has a gameplan.
    19 Apr 2013, 05:11 PM Reply Like
  • mschurer
    , contributor
    Comments (9) | Send Message
     
    Coupled with the rehire of Jim Keller I am now onboard with AMD.
    19 Apr 2013, 05:50 PM Reply Like
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