Digital Trends
Struggling chipmaker AMD has reported an operating loss of $1.189 billion for the second quarter of 2008, as the company formally announces it plans to divest itself of its handheld and digital television product businesses which it acquired with graphics developer ATI back in 2006. However, perhaps more importantly, AMD has decided to change the man at the top: long-time CEO Hector Ruiz has announced he is stepping aside, to be replaced by chief operating officer Dirk Meyer.
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