Gadgetory

Oh one of the big stock stories of the day Advanced Micro Devices forcing out its CEO dirk mayer after just two and a half years on the job and just a week before AMD reports earnings it was a very sudden move and as a result the shares of the world's number two maker of microprocessors falling since that announcement late yesterday afternoon down more than eight percent right now joining us to discuss what is turning out to be a c-suite mystery is Cody a Korea director of research with Williams Financial Group and Noah Kravitz's editor-at-large for TechnoBuffalo calm this is a leading national blog on technology and consumer gadgets Noah what are you hearing you have your ear to the ground out there why did this guy get fired or resigned or whatever yeah well I was just out in in Vegas last week at CES and it was really like a coming-out party for Nvidia their new Tegra 2 chips are everywhere phones tablets cars you know you name it and and I think that was really the the well Nvidia is got I mean the the new flagship products from you know Motorola on Verizon on AT&T the new Google tablet the first you know ever real Google tablet all have the Nvidia chips in them they've been building these chips specifically for mobile applications and AMD just has been trailing in that space let alone the problems they've been having competing with Intel's Atom chips which have been in netbooks everywhere and they're just they haven't been keeping up Cody what do you make of this move in the stock I would think analysts and investors would I don't use frighten but you wake up and the guy has just been pushed out resigning effective immediately without a whole lot of explanation it usually means that there's something coming there's another shoe to drop how worried are you about it well it's very worrying and the the the problem now is that AMD has no one to provide that inspiration and and I think it goes back several months to a time when when dirt made a presentation has strategic presentation of the board and it just lacked any real vision into the tablet market anyway to take back market share against Intel and he has done a good job at getting some products out but they've been late they are executing well but it's going to take more than just late and a small product line to be done so so Cody what do you want the board to do what would instill confidence in you once again to either go out and buy the stock recommend the stock change the rating on the stock what what do you want to see now from the company you have to engender confidence and that's the problem is without some kind of charismatic leader that can really define a strategy that makes sense and not just we're gonna roll out new products at a timely manner and try to beat the guys out there that they're doing well you've got to give them something different and that's going to be an awfully large large nut to crack noha of TechnoBuffalo calm would this potentially put AMD in play would what put them in play you're pointing to it to us we're looking at a stock that's down nearly 9% today it says that $8 a share you've just fired your CEO you say they are they're losing in key market places right now this feels like they've always been a second fiddle to Intel so does a taiwan company or a korean company coming in by you know i'm not the stock I am the gadget guy but it makes perfect sense to me I mean as you said you know the the key places mobile is hot tablets you know that whole thing is that was all the news coming out of this year and and yeah it would make sense from my standpoint for them to be absorbed from the financial standpoint you know that's not my area but certainly in what's hot right now absolutely let's turn that to Kody you know there are a lot of companies out there especially in the tech space Cody that are sitting on it doodles of fools of cash would a my water would AMD bring to the table that would make it an interesting acquisition target or have they missed the boat so much that they would not be eligible to be acquired by a company well they do bring a few things but I think the problems outweigh the opportunities there really are very few companies out there that would have the size them cash the wherewithal to even stomach thinking about going long-term against Intel if you could come out at this pick up some some some IP that might get you just in to participate in a new mobile or tablet market but if you're gonna buy all of AMD then you have to be a competitor against Intel long term against in-video long term and they're just I don't see anybody obvious that would want to take that kind of risk you guys hear any names about a possible replacement either one you know no confidence oh do you know thank you so much thank you thank you guys