According to a Reuters source, AMD CEO Dirk Meyer was forced out after concern mounted that he had no vision for AMD's mobile strategy. The board reportedly felt AMD was missing out by not developing technologies for the mobile market. Meyer even voiced his hesitance to invest in mobile publically. In October he told analysts that AMD would hold off on investing in mobile architectures until the market grew larger. This sort of talk clearly did not help his case. As soon as competitor Nvidia blew up CES with Tegra 2 mobile chips, Meyer was gone.

The source said it was Meyer's stubbornness on the issue that lead to the hasty removal. A more flexible CEO might have been able to placate the board more, but Meyer was set on forging ahead with Netbooks and other x86 chips. With ARM-based mobile devices from Apple and Google taking over mobile computing for millions, it is no surprise the AMD board was nervous about Meyer's direction.

Only time will tell if this move was right or not. AMD took quite a stock price hit, and this has sparked concerns that the chip-maker could be on the decline. Do you think AMD can put together a competitive mobile strategy, or did they miss the boat?