LAS VEGAS, Nov 19 (Reuters) - Advanced Micro Devices Inc. said on Tuesday that it would embrace a strategy of developing processors for a wider range of products outside computers and called on the industry to focus on user needs rather than creating "technology for technology's sake."
"We have become interdependent on each other for success," Hector Ruiz, AMD's president and chief executive, said in a speech at the Comdex trade show in Las Vegas.
"I urge you to demand that those companies who are currently serving you today begin developing technology not for its own sake, but in line with what you are really trying to do," Ruiz said.
AMD, which has fought a losing battle in recent quarters against Intel Corp. for the top spot in processor speed and performance, said that making semiconductors smaller, cheaper and faster was no longer the key for an effective strategy.
In a shift away from the slowing personal computer industry, where Intel and AMD have significant stakes, AMD said it would begin working with a wider variety of companies to sell its products.
Hmm.
I don't see anything in the rest of the article that says that they're moving away from the CPU business, just that they're expanding their range.
Interesting.