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, shares of Nvidia are up more than 200%, and it has become one of the top three most valuable publicly-traded companies in the world.
17hon MSN
The chipmaker has delivered solid gains in the past five years, and a closer look at its prospects indicates more possible ...
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 confirmed to CRN that it’s laying off roughly 4 percent of its workforce to focus on its ‘largest growth opportunities,’ ...
Although there doesn't appear to be a whole lot of excitement surrounding the chipmaker, here's why investors shouldn't ...
AMD stock has risen on expectations for continued market share gains in processors for PCs and servers. AMD also is an AI ...
Advanced Micro Devices, Inc. is still working to tap into the big AI chip opportunity. Click here to read why AMD stock is a ...
7don MSN
However, a closer look at AMD's quarterly report indicates that the sell-off could be overdone. This could be an opportunity ...
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