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AMD to Cut 4% of Global Workforce
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 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 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 .
1h
AMD announces major layoffs as AI becomes main focus
AMD had doubled its headcount in recent years to tackle the surge in demand for high-performance processors used in AI data ...
ReadWrite
1h
AMD cuts 1,000 jobs to focus on growing AI market as Nvidia leads
AMD cuts workforce by 4%, refocusing on AI chips to compete with Nvidia. With AI chip sales expected to reach $5 billion in ...
19h
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 ...
Yahoo
19h
AMD is firing 4% of its global workforce as it realigns in likely pursuit of all those AI dollars
When you buy through links on our articles, Future and its syndication partners may earn a commission. Credit:
AMD
AMD
...
Business Insider
19h
AMD vs INTC vs TSM: Will These Chipmakers Rally as High as NVDA?
Advanced Micro Devices (
AMD
), Intel (INTC), and Taiwan Semiconductor Manufacturing (TSM) are major players in the ...
2d
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 ...
The Motley Fool
1d
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
...
2d
AMD: Recent Correction Provides New Opportunity
AMD’s recent earnings result showed strong potential for its Data Center business and its AI chips. Read why AMD stock is a ...
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