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AMD to Cut 4% of Global Workforce
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 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 Will Lay Off 4% of Its Global Employees to Focus on AI Chips
Advanced Micro Devices (AMD) has announced plans to lay off 4% of its global workforce, impacting roughly 1,000 employees.
AMD cuts 1,000 staff to focus on AI chips in battle with Nvidia
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
AMD To Reduce Global Workforce By 4% Amid AI Focus
As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that will unfortunately result in reducing our global workforce by approximately 4%,
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.
18h
on MSN
AMD to lay off 4% of workforce, or about 1,000 employees
At the end of last year, AMD had 26,000 employees, according to a U.S. Securities and Exchange Commission filing.
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 ...
19h
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 ...
Bloomberg L.P. on MSN
19h
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 ...
18h
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
18h
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
...
9h
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.
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 ...
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Advanced Micro Devices
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