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.

Earlier this year, AMD introduced its Ryzen AI 300 series for notebooks, which have been on the market for several months.

AMD is regarded as the closest rival to Nvidia in the lucrative market for chips that form the brains of complex data centres ...

AMD has seen a 69% decline in its gaming division and hasn't made nearly as many gains in the AI chip sector as rival US chip ...

According to IBM, the Spyre Accelerator significantly boosts speed and accuracy of AI processing capabilities for the Power ...

Earlier that month, AMD launched its Instinct MI325X accelerators and Ryzen AI PRO 300 series processors, along with other ...

LLM, LLM on the wall, who will be laid off first of all? AMD has confirmed plans to cut approximately four percent of its ...

AMD, a Santa Clara-based chipmaker, said on Wednesday that it will lay off 4% of its staff around the world, as the longtime ...

The layoffs would affect about 1,040 employees and are part of a shift in AMD’s broader business strategy.

AMD has reportedly confirmed plans to lay off fully 4% of its global workforce. A 2023 estimate put AMD's workforce at 26,000 ...

Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...

AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many ...