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Advanced Micro Devices (NYSE:AMD): Current price $2.70
AMD has gained two senior engineers with experience at Qualcomm and at Apple, marking its most recent high-level recruitments as it diversifies ahead of a slumping personal computer industry, according to inside sources. Charles Matar, who recently work at Qualcomm, with expertise in low-power and embedded chip design, will become Vice President of System-on-Chip Development while Wayne Meretsky, who worked at Apple in the 1990s on the Mac, was chosen as Vice President of software IP development and will lead software developments for the company’s chips.
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