The executive overseeing Advanced Micro Devices Inc.'s (AMD) relationship with videogame-console makers has left the company to join rival Nvidia Corp. (NVDA), taking with him years of experience in the competitive field.
Bob Feldstein, who joined AMD when the company acquired graphics-chip maker ATI in 2006, has taken on the role of vice president of technology licensing at Nvidia. He most recently served as AMD’s corporate vice president of business development and also led the company’s Boston Design Center, which focuses on design engineering for AMD’s various chips.
Mr. Feldstein’s departure is the latest loss for AMD, which has replaced much of its top management in recent months. The company named Rory Read, former president at PC maker Lenovo Group Ltd. (LNVGY, 0992.HK), as its CEO about a year ago, tasking him with helping lead a turnaround at the struggling chip maker.
I am not surprised at all. AMD has been going downhill for quite some time and sometime I do wonder if they will disappear from face of earth.