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AMD is laying off 4 percent of its global workforce
AMD to lay off 4% of workforce, or about 1,000 employees
At the end of last year, AMD had 26,000 employees, according to a U.S. Securities and Exchange Commission filing.
AMD Says It’s Laying Off 4 Percent Of Workforce Amid AI Chip Push
AMD confirmed to CRN that it’s laying off roughly 4 percent of its workforce to focus on its ‘largest growth opportunities,’ which includes its effort to challenge Nvidia.
AMD to cut 4% of workforce, impacting around 1,000 employees
AMD announced on Wednesday that it will reduce its global workforce by 4%, marking a strategic move to focus more on the rapidly growing AI chip sector.
3h
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.
6d
on MSN
Could AMD Stock Be the Next Nvidia Stock?
Nvidia's (NASDAQ: NVDA) returns have trounced AMD's (NASDAQ: AMD), and AMD shareholders are hoping for a reversal of that ...
10h
Nvidia stock has 25% upside as it approaches an iPhone moment with its Blackwell chip, analyst says
"Even with a decelerating growth rate on huge numbers, Nvidia's CY2025 PEG ratio stands at about 0.8x on our estimates. This ...
1d
AMD: Lagging AI Growth Shouldn't Last
Advanced Micro Devices, Inc. is still working to tap into the big AI chip opportunity. Click here to read why AMD stock is a ...
16d
Better Artificial Intelligence Stock: Nvidia vs. AMD
Nvidia's (NASDAQ: NVDA) stock surged 2,750% over the past five years as the artificial intelligence (AI) market exploded.
The Globe and Mail
9d
Nvidia Stock Is Up 173% in 2024, but Here's Another Super Semiconductor Stock to Buy Hand Over Fist, According to Wall Street
Here's why
AMD
stock
might be a great buy right now, especially for investors who already own
Nvidia
.
Nvidia
's flagship H100 data center GPU went into production in September 2022, and it ...
1d
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 ...
5d
on MSN
AMD Stock Falls After Earnings: 3 Reasons to Buy the Stock Right Now
Although there doesn't appear to be a whole lot of excitement surrounding the chipmaker, here's why investors shouldn't ...
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