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.
Hosted on MSN14h
AMD Hit With LayoffsAMD, the maker of graphics cards for PC as well as Xbox and PlayStation chips, announces that it's laying off some of its ...
AMD Spokesperson It did not reveal which department will lose the most number of jobs but has promised that all the ...
AMD, Xilinx, AppLovin, Equinix, Coursera and EringKlinger are among the most recent tech companies to disclose plans to ...
AMD confirmed to CRN that it’s laying off roughly 4 percent of its workforce to focus on its ‘largest growth opportunities,’ ...
Despite a strong 29 per cent growth in its personal computer segment, AMD’s gaming division has experienced a sharp 69 per ...
AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many ...
An AMD spokesperson said, "As a part of aligning our resources with our largest growth opportunities, we are taking a ...
Chipmaker Advanced Micro Devices (AMD) has announced that it is laying off 4% of its global workforce, or about 1,000 ...
AMDs global workforce sees a 4% reduction after the companys Q3 results fell short of expectations, driven by a dramatic 69% ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback