AMD CEO Denies Sale of Company and Assets
On the right path, Read believes.
AMD's CEO Rory Read has issued a memo to company staff clarifying and calming those who read the Reuters report earlier claiming that AMD was exploring sale options. The AMD leader says clearly that there is no sale and reiterates his confidence in the new direction. The memo below comes from the Verge.
Within the past couple of hours, a major media outlet wrote a piece speculating about the sale of AMD. As you know, articles such as this periodically surface in the media. I want you to know exactly how we are responding to this speculative piece, as we expect some additional media outlets to inquire. Our official response is below, along with the original news article.
But let me personally reinforce to you: we are not actively pursuing the sale of AMD or any of our significant assets. It's full steam ahead with our strategy … we absolutely are on the right path.