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, ...
Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters
Advanced Micro Devices, a massive Santa Clara tech company that designs incredibly complex computer chips, is laying off 4% ...
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.
Fudzilla1d
AMD confirms layoffs and lowered Q4 outlook
Intel has similar issues, including profitability and market share losses to AMD. Intel has faced its own layoffs and ...
SiliconANGLE1d
AMD to cut around 1,000 jobs so it can double-down on AI opportunity
AMD is the world’s second-largest manufacturer of graphics processing units, also known as GPUs, which power the vast ...