Pros
AMD is a good place to work with some smart, hard working people. Senior management has a vision of shifting the product mix to embedded, enterprise and semi-custom and away from processors and graphics where they feel they can better compete and gain market share. This is the right direction in my opinion.
Cons
Change is extremely difficult in this 30+ year old company. A company of this size should be a lot more agile. There are a lot of siloed special interests that outwardly support change as long as it is not their area that changes. I do not have the impression that the executive leadership team is completely bought into the vision they claim to support based on the behavior of middle management. There is not enough focus on gross margin from the revenue side. Lacks sufficient measurement and control of margin eroding discounting practices from the sales teams. Serious need to flatten out end of quarter linearity but no focus in this area.