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AI, AMD
Advanced Micro Devices to lay off roughly 1,000 workers, 4% of global workforce
Nov. 13 (UPI) --
Advanced
Micro
Devices
said Wednesday roughly 4% of approximately 26,000 employees worldwide will be laid off. About 1,000
AMD
workers will lose their jobs. "As a part of aligning our resources with our largest growth opportunities ...
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 is laying off 4 percent of its global workforce as it sharpens focus on AI
AMD on Wednesday said that it would reduce its global workforce by 4% in a bid to focus on its main future growth opportunities. As a result of the decision, the company will have to lay off around 1,
6h
on MSN
Advanced Micro Devices, Inc. (NASDAQ:AMD): Among the Best Metaverse Stocks To Buy According to Hedge Funds
We recently compiled a list of the 10 Best Metaverse Stocks To Buy According to Hedge Funds. In this article, we are going to ...
1d
on MSN
Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters
Advanced Micro Devices, or AMD, is laying off 4% of the company in a slash that will hit at least 129 Bay Area workers. The ...
Benzinga.com
2d
AMD Plans To Cut 4% Of Workforce Amid Strategic Shift Toward AI Chip Development To Rival Jensen Huang-Led Nvidia's Dominance: Report
Advanced
Micro
Devices
AMD
has reportedly decided to lay off approximately 1,000 employees, representing 4% of its ...
2d
on MSN
Advanced Micro Devices to Cut Global Headcount by 4%
The layoffs would affect about 1,040 employees and are part of a shift in AMD’s broader business strategy.
3d
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 ...
1d
AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity
AMD’s struggles to overhaul Nvidia are evident in the price of its shares. While its stock is down 5% in the year to date, ...
Network World
1d
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 ...
2d
Advanced Micro Devices, Inc. (AMD) Ryzen 7 9800X3D CPU Faces Stock Shortages in UK and US, Retailers Cite High Demand and Delayed Restocks
We recently compiled a list of the 14 AI News You Should Pay Attention To. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other AI ...
3d
AMD and Intel Recently Reported Earnings -- but There Was Only 1 Clear Winner
Advanced Micro Devices continues to take Intel's market share.
2d
on MSN
Advanced Micro Devices, Inc. (AMD) Launches Versal Premium Series Gen 2 SoC, Optimizing Real-Time Processing for AI, Data Centers, and More
We recently compiled a list of the 15 AI News You Missed This Week. In this article, we are going to take a look at where ...
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