Meyer resigns as AMD's CEO

10.01.2011

Seifert joined AMD in 2009, and previously served as chief operating officer and CFO of Qimonda AG.

AMD also announced that it expected net revenue for the fiscal fourth quarter of 2010 to be approximately $1.65 billion. That would be slightly higher than the estimate of analysts polled by Thomson Reuters, who on average forecast revenue of $1.65 billion. The company will announce its fourth-quarter results on Jan. 20.