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AMD to Cut 4% of Global Workforce
After Intel, AMD now goes for mass layoffs, fire 4% of all global employees to focus on AI
AMD’s struggles in the AI space are apparent. Despite shipping an estimated 224,000 GPUs this year, it hasn’t been enough to keep up with demand from major clients like Microsoft and Meta. NVIDIA, meanwhile,
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 cuts 1,000 staff to focus on AI chips in battle with Nvidia
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
36m
on MSN
Better Artificial Intelligence Stock: Nvidia vs. AMD
Plenty of tech companies are all-in on artificial intelligence, but perhaps two of the most prominent players in AI's growth ...
16h
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 ...
Benzinga.com
11h
AMD Plans To Cut 4% Of Workforce Amid Strategic Shift Toward AI Chip Development To Rival Jensen Huang-Led Nvidia's Dominance: Report
What Happened:
AMD
is realigning its resources to compete with
Nvidia
Corporation NVDA in the data center chip market, ...
16h
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 ...
newsbytesapp.com
1h
AMD to lay off 1,000 employees amid AI-focused business realignment
AMD
's guidance for the current quarter also missed analysts' expectations. The chipmaker has also struggled to compete with ...
14h
Trump’s Surprise Boost To Nvidia, AI Stocks
Our theme of Internet Infrastructure Stocks which includes companies that sell hardware and software for server processors, ...
1d
AMD: Lagging AI Growth Shouldn't Last
Advanced Micro Devices, Inc. is still working to tap into the big AI chip opportunity. Click here to read why AMD stock is a ...
TweakTown
1d
NVIDIA's first consumer APU teased: leaks tease RTX 4070 Laptop GPU perf at 65W while gaming
NVIDIA x MediaTek's new AI PC processor teased: new APU aims at high-end market, offering RTX 4070 Laptop GPU at 65W in ...
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