Splinter going PC not Solar?
This week, the EE Times Water cooler column mentioned a recent report from FBR Research that claims the Applied Materials, Inc. (NASDAQ:AMAT) Board of Directors is searching for a replacement for President, Chief Executive Officer, and Director Michael R. Splinter. EE Times goes on to speculate Mr. Splinter may return to his alma mater, Intel Corporation (NASDAQ:INTC).
Given all the acquisitions this year, this seems like strange timing, but the AMAT stock price has been trapped in the $15 to $20 trading range for the past few years.
Come on Mike, stick with Solar or join AMD!