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.
Chipmaking giant AMD is laying off 1,000 of its 26,000 workers The company wants to focus on artificial intelligence and data ...
AMD cuts workforce by 4%, refocusing on AI chips to compete with Nvidia. With AI chip sales expected to reach $5 billion in ...
Taken at face value, the largest and most obvious "opportunity" for AMD is AI. So, the implication is that AMD is ...
AMD's guidance for the current quarter also missed analysts' expectations. The chipmaker has also struggled to compete with ...
AMD is the world’s second-largest manufacturer of graphics processing units, also known as GPUs, which power the vast ...
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AMD axes 4% of staff while staring hungrily at AI, serversLLM, LLM on the wall, who will be laid off first of all? AMD has confirmed plans to cut approximately four percent of its ...
Advanced Micro Devices, Inc. is still working to tap into the big AI chip opportunity. Click here to read why AMD stock is a ...
We recently compiled a list of the 14 AI News Investors Are Paying Attention To. In this article, we are going to take a look ...
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