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AMD to Cut 4% of Global Workforce
AMD cuts 1,000 jobs to focus more on AI chips—and narrow Nvidia’s lead
The chipmaker is trying to grow by cutting jobs.
AMD to cut 4% of global workforce as it focuses on AI chip development
Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to compete against industry bellwether Nvidia .
AMD Cutting About 4% of Workforce to Focus Resources on AI Push
Advanced Micro Devices Inc. is shedding about a thousand jobs as part of an effort to refocus on newer markets like artificial intelligence chips. “As a part of aligning our resources with our largest growth opportunities, we are taking a number of ...
8m
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 ...
4h
on MSN
AMD announces major layoffs as AI becomes main focus
AMD had doubled its headcount in recent years to tackle the surge in demand for high-performance processors used in AI data ...
22h
AMD lays off 4% of its workforce
AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many ...
22h
on MSN
AMD to lay off 4% of workforce, or about 1,000 employees
At the end of last year, AMD had 26,000 employees, according to a U.S. Securities and Exchange Commission filing.
Datacenter Dynamics
1h
AMD to cut 1,000 jobs
AMD
has announced plans to cut four percent of its global workforce, approximately 1,000 jobs. The move comes less than a ...
Yahoo
2h
AMD Ryzen AI claimed to offer ‘up to 75% faster gaming’ than Intel
AMD
has just unveiled some internal benchmarks of its Ryzen AI 9 HX 370 processor. Although it’s been a few months since ...
13h
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, ...
22h
Nvidia Sweeps Benchmarks. AMD Is MIA, Again
Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...
Yahoo
22h
AMD is firing 4% of its global workforce as it realigns in likely pursuit of all those AI dollars
When you buy through links on our articles, Future and its syndication partners may earn a commission. Credit:
AMD
AMD
...
1h
AMD’s Ryzen 7 9800X3D is hot stuff - literally, as one has just burnt out a motherboard
The AMD Ryzen 7 9800X3D has been the recipient of much acclaim thanks to the upgraded 3D V-Cache for gamers, placing it at ...
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Advanced Micro Devices
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