Silicon Valley has a serious location problem, according to a couple of semiconductor CEOs.
When W.J. "Jerry" Sanders steps down as Advanced Micro Devices' CEO later this week, he does so knowing that he accomplished his goal: AMD is a major player in the PC industry.
The economic slowdown hits the semiconductor company, which says it will fall short of revenue expectations for the first quarter.
Silicon Valley is deeply embroiled in the fight over a California shareholder ballot initiative that has high-tech firms threatening to boycott the state and politicians scrambling to escape the fallout.