AMD Executing Executives

AMD’s newish president and CEO fairly flaggelated himself for his company’s failure in execution during its last quarter, a failure that caused Intel’s only real competition to do the unthinkable: leave money on the table.

“We saw both 32 and 45 nanometer supply challenges during the third quarter,” Rory Read told analysts and reporters during a conference call after AMD announced its better-than-expected financial results on Thursday. “No doubt, we must improve our execution.”

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