AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity
AMD’s struggles to overhaul Nvidia are evident in the price of its shares. While its stock is down 5% in the year to date, ...
Yahoo12h
AMD is laying off workers as it focuses on AI
Earlier that month, AMD launched its Instinct MI325X accelerators and Ryzen AI PRO 300 series processors, along with ...
Benzinga.com8h
AMD Plans To Cut 4% Of Workforce Amid Strategic Shift Toward AI Chip Development To Rival Jensen Huang-Led Nvidia's Dominance: Report
“As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps,” an ...
The Register on MSN12h
AMD axes 4% of staff while staring hungrily at AI, servers
LLM, LLM on the wall, who will be laid off first of all? AMD has confirmed plans to cut approximately four percent of its ...
Why The Market Doesn't Care About AMD's AI Revenue
Advanced Micro Devices' AI accelerator performance is strong, but struggles to compete with Nvidia in the market and on ...
AMD Launches New CPUs, GPUs And More Across Datacenter, AI And PC
At its Advancing AI event in San Francisco, AMD announced major new chip designs across its portfolio—datacenter, AI, ...
SiliconANGLE5h
AMD to cut around 1,000 jobs so it can double-down on AI opportunity
AMD is the world’s second-largest manufacturer of graphics processing units, also known as GPUs, which power the vast ...
Hosted on MSN3h
AMD to layoff 4pct of employees as it boosts investment in AI chips
AMD is laying off about 1,000 employees, or roughly 4 percent of its global workforce, as it shifts its focus towards AI ...