AMD financial analyst day delayed to 2015 as company rethinks roadmap

Posted on Friday, Nov 28 2014 @ 11:42 CET by Thomas De Maesschalck
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AMD typically hosts a financial analyst day in November but this year's meeting has been delayed to 2015 as the company is reshaping its roadmap and reconsidering its targets going forward. Hexus heard rumors that the new date for the event is rumored to fall in January or February 2015, but AMD hasn't officially confirmed anything yet. One of the prime reasons is likely the change in leadership, the site notes that a similar delay occured when Rory Read became CEO in August 2011.
AMD's overdue financial analyst day will be pushed back until 2015 to allow AMD to reshape its roadmap and reconsider its targets going forward. AMD has made some announcements already about its strategy for next year revealing its newest line of mobile APUs, codename 'Carrizo', and demonstrating the progress being made on the FreeSync project through its partners. However, several product areas remain unaccounted for and a detailed analysis of AMD's financial position has not yet been provided.

One of the main causes of the delay is likely to be the recent change in top-level leadership which saw Dr Lisa Su replace Rory Read as AMD's CEO. A similar delay to AMD's financial analyst day occurred when Rory Read took over as CEO in August 2011 from his predecessor Dirk Meyer.

About the Author

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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