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, ...
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.
AMD is laying off over 1,000 staff, as gaming GPU revenue plummets
The workforce is being cut by 4%, after poor sales from its gaming division, which makes AMD Radeon graphics cards, plus PS5 ...
The Tech Report17h
AMD Announces Mass Layoffs Following Unsatisfactory Performance In Q3
Popular chipmaker AMD has announced a round of mass layoffs that is expected to affect roughly 1,000 ... Similarly, its ...
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 ...
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% of its staff. The sweeping cut includes at least 129 California workers. AMD ...
ViewusGlobal on MSN18h
AMD Lays Off 1,000 Employees as It Shifts Focus to AI Chips Amid Competition with Nvidia
AMD lays off 1,000 employees as it shifts focus to AI chips, aiming to compete with Nvidia in the growing data center market.