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.
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AMD to lay off 4% of workforce, or about 1,000 employees
AMD, a Santa Clara-based chipmaker, said on Wednesday that it will lay off 4% of its staff around the world, as the longtime CPU maker seeks to gain a stronger foothold in the growing AI chip space dominated by Nvidia.
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 majority of AI workloads today. The company’s most advanced GPU is the Instinct-branded MI300X accelerator, which provides data center ...
AMD cuts 1,000 jobs to focus more on AI chips—and narrow Nvidia’s lead
The chipmaker is trying to grow by cutting jobs.
AMD to cut 4% of global workforce as it focuses on AI chip development
Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to compete against industry bellwether Nvidia .
AMD to lay off 4% of staff to enhance AI chip development capabilities
Advanced Micro Devices (AMD) plans to reduce its global workforce by 4% as it aims to strengthen its position in the AI chip market, reported Reuters. This move, which is expected to impact around ...
AMD cuts 1,000 staff to focus on AI chips in battle with Nvidia
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
AMD unveils Versal Premium Series Gen 2 for data center workloads
Advanced Micro Devices announced its Versal Premium Series Gen 2 chip platform for data center customers doing AI processing and other work.
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 grabs a quarter of x86 market with desktop gains, but server growth slows
AMD now accounts for 25 percent of all x86 processor shipments, but only made a slight increase in the past quarter against industry leader Intel in servers – the main gains came from the desktop ...
Advanced Micro Devices Inc. (AMD): Ken Fisher’s Top AI Stock Pick for Explosive Growth
We recently published a list of 10 Best Stocks to Buy According to Billionaire Ken Fisher. In this article, we are going to take a look at where Advanced Micro Devices Inc. (NASDAQ:AMD) stands against ...
AMD Strix Point CPU powers upcoming Ayaneo 3 gaming handheld — device sports up to Ryzen AI 9 HX 370 CPU and 7-inch OLED screen
Ayaneo just announced the Ayaneo 3, giving gamers the choice between a Ryzen 7 8840U or Ryzen AI 9 HX 370 processor and a seven-inch high-refresh LCD or OLED HDR screen.