Hector Ruiz: AMD would not have survived without Abu Dhabi deal

Posted on Friday, Feb 15 2013 @ 12:40 CET by Thomas De Maesschalck
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Former AMD CEO Hector Ruiz has written a book to reveal the story of his days at AMD. Called "Slingshot: AMD's Fight to Free an Industry from the Ruthless Grip of Intel", the book goes into detail about how crucial the spin off of AMD's manufacturing facilities was to keep the company afloat. Full details can be read at X-bit Labs.
“If the Abu Dhabi deal were to fall through, AMD would not survive. I had to do everything in my control to make it happen,” wrote Hector Ruiz in his book called Slingshot: AMD’s Fight to Free an Industry from the Ruthless Grip of Intel, reports the Wall Street Journal.

While Hector Ruiz was at the head of AMD, the company gained market share from Intel Corp. thanks to award-winning K8 processor design, which development started long before Mr. Ruiz took the helm. Unfortunately, by the time Mr. Ruiz left the company in 2008, the firm's market shares almost returned to their historical levels. Hector Ruiz was the second chief executive of AMD who took the CEO seat after Jerry Sanders, a co-founder of AMD retired after 33 years at the company. While he did solve a number of problems for AMD, he also created new challenges because of rather controversial decisions.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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