![Victor Peng, CEO of Xilinx](https://media.datacenterdynamics.com/media/images/Victor-Peng-Xilinx.da880a04.fill-280x185.jpg)
AMD president Victor Peng to retire
Will leave company on August 30
Will leave company on August 30
Announcements were made at annual Computex event Taiwan
Company must cooperate with local chip companies and universities
Company posted quarterly revenue of $5.47bn
Business unit posted sales of $2.28bn in the last three months
But company expects data center sales to pick up later in the year
Monster processor has 96 cores at 4.4GHz, along with DDR5, PCIe 5.0, and Compute Express Link
Company raises revenue target after Intel delays 7nm
The underdog chip maker signs on China’s largest retailer