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AMD CEO optimistic about future

Posted on Thursday, September 10 2009 @ 16:07:50 CEST by

AMD CEO Dirk Meyer said at a technology conference that he is getting encouraging feedback from customers and is optimistic about the last few months of 2009 and 2010.
Speaking at the Citi Investment Global Technology Conference in New York City Sept. 9, AMD President and CEO Dirk Meyer said that the feedback he is getting from customers regarding near-term purchases has been positive, giving him hope that the company and the rest of the industry is moving away from the economic disaster that was the first half of 2009.

“We’re encouraged by the way the market is moving forward,” Meyer said of the PC market during a half-hour question-and-answer presentation. “We’re getting a more positive world view from our customers.”

He said new offerings that AMD has planned for the last few months of 2009 will let it take advantage of any upticks in the market.
Meyer also talked about a return to profitability for AMD, but it seems he didn't provide a timeline for when we can expect AMD to post its first profits in a very long time.



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