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AMD CEO Steps Down as Chip Maker Struggles

posted by Amjith Ramanujam on Thu 17th Jul 2008 22:06 UTC, submitted by Nehemoth

The CEO of chip maker Advanced Micro Devices Inc. is stepping down. Hector Ruiz had been just the second person to lead AMD after company founder Jerry Sanders. He'll be replaced by the chip maker's No. 2 executive, Dirk Meyer.

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