AMD has bled red ink in the past several months as a result of a brutal price war with Intel and a stale lineup of processors compared with its larger rival. In the most recently ended quarter,
In a statement, Richard said he has decided to make a move to "a different business segment."
"I am leaving AMD at a time when the company is in position to break the monopoly that plagues this industry. I am immensely proud of my contribution to AMD, and in particular, of the strong team I leave behind."