Advanced Micro Devices

Investor's Business Daily

Advanced Micro Devices (AMD) hired Charles Matar, a veteran at mobile-chip maker Qualcomm (QCOM), and Wayne Meretsky, who worked at Apple (AAPL) in the '90s on the Mac. AMD confirmed it hired them to help diversify beyond PC chips as smartphones and tablets boom. After the close, AMD reported Q4 sales and a loss that was better than expected, but guided Q1 lower.

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