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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 workforce to prioritize AI chip expansion and rival Nvidia
Advanced Micro Devices (AMD) is laying off 4% of its global workforce, around 1,000 employees, as it pivots resources to developing AI-focused chips. This marks a strategic shift by AMD to challenge Nvidia’s lead in the sector.
Nvidia-Rival AMD to Layoff 1000 Employees, Slashes Global Workforce by 4%
AMD has announced the move at the time when it is facing stiff competition from its closest rival, Nvidia, in the AI chip market
Game Rant
36m
AMD Hit With Layoffs
AMD, the maker of graphics cards for PC as well as Xbox and PlayStation chips, announces that it's laying off some of its ...
9h
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 ...
1d
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 ...
ReadWrite
7h
AMD cuts 1,000 jobs to focus on growing AI market as Nvidia leads
AMD cuts workforce by 4%, refocusing on AI chips to compete with Nvidia. With AI chip sales expected to reach $5 billion in ...
Yahoo
11h
AMD is firing 4% of its global workforce as it realigns in likely pursuit of all those AI dollars
So, the implication is that
AMD
is likely realigning resources for a more concerted assault on
Nvidia
's dominance in the ...
24/7 Wall St
6h
Advanced Micro Devices Inc. (AMD) Price Prediction and Forecast 2025-2030
According to PC Gamer, “The AMD Ryzen 7 7800X3D is simply the best gaming CPU around right now. It’s certainly the best ...
13h
Zoho CEO Sridhar Vembu: Intel lost while Nvidia, AMD are winning, because they took care of ...
Zoho CEO Sridhar Vembu critiqued Intel's decline, attributing it to prioritizing short-term profits over employee well-being.
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 ...
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