AMD to cut 4% of workforce to prioritize AI chip expansion and rival Nvidia
Advanced Micro Devices (AMD) is laying off 4% of its global workforce, around 1,000 employees, as it pivots resources to developing AI-focused chips. This marks a strategic shift by AMD to challenge Nvidia’s lead in the sector.
AMD had doubled its headcount in recent years to tackle the surge in demand for high-performance processors used in AI data ...
Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...
AMD cuts workforce by 4%, refocusing on AI chips to compete with Nvidia. With AI chip sales expected to reach $5 billion in ...
Advanced Micro Devices (AMD), Intel (INTC), and Taiwan Semiconductor Manufacturing (TSM) are major players in the ...
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The chipmaker has delivered solid gains in the past five years, and a closer look at its prospects indicates more possible ...
AMD’s upcoming Zen 6 “Medusa” desktop processors are likely to continue with the current AM5 socket. This information was ...
AMD’s recent earnings result showed strong potential for its Data Center business and its AI chips. Read why AMD stock is a ...
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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