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AMD to Cut 4% of Global Workforce

Hosted on MSN · 1h

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.

Bloomberg L.P. on MSN · 2h

AMD Cutting About 4% of Workforce to Focus Resources on AI Push

Advanced Micro Devices Inc. is shedding about a thousand jobs as part of an effort to refocus on newer markets like artificial intelligence chips. “As a part of aligning our resources with our largest growth opportunities, we are taking a number of ...

Engadget on MSN · 44m

AMD lays off 4 percent of its global workforce

AMD has confirmed it’s laying off roughly four percent of its global workforce, according to reports by TechCrunch and others. It’s not entirely clear how many people will be impacted by this move, or which divisions the laid off employees will be pulled from.

U.S. News & World Report · 1h

AMD to Cut 4% of Global Workforce as It Focuses on AI Chip Development

The logo of semiconductor company Advanced Micro Devices Inc (AMD) is seen on a graphics processing unit (GPU) chip in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo (Reuters) - Advanced Micro Devices is laying off 4% of its global workforce,

1h

AMD lays off 4% of its workforce

AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many ...

AMD is laying off workers as it focuses on AI

Advanced Micro Devices (AMD) is cutting 4% of its global workforce as it focuses on competition in the artificial ...

4h

Nvidia Sweeps Benchmarks. AMD Is MIA, Again.

Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...

AMD Says It’s Laying Off 4 Percent Of Workforce Amid AI Chip Push

‘As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that ...

The Motley Fool10h

Where Will AMD Stock Be in 5 Years?

Global semiconductor sales are expected to grow at a faster pace over the next five years, and that's good news for AMD ...

1d

There’s some great news about AMD’s next-gen Zen 6 CPUs

AMD’s upcoming Zen 6 “Medusa” desktop processors are likely to continue with the current AM5 socket. This information was ...

19h

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 ...

22h

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.

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