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Under new CEO, AMD will launch processors for tablets this year

VentureBeat: Advanced Micro Devices said at its analyst meeting today that it will ship its first chips designed to provide the processing and graphics power for tablet computers.

Rory Read (pictured), chief executive of Sunnyvale, Calif.-based AMD, was appointed the new boss of the company in August. In his first appearance before analysts, he said the company is now focused on where the market is going. AMD is a strategic company in the semiconductor industry, as it supplies an alternative to Intel for PC microprocessors. Now it is trying to reach beyond PCs to super-thin devices such as tablets.

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