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Chipmaker AMD cutting 1000 jobs
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 almost 1,000 jobs to focus resources on AI push
The move follows other cutbacks among longtime Silicon Valley companies. Cisco Systems Inc. is eliminating more than 6,000 positions, and Intel is cutting about 15% of its workforce of more than
Yahoo
3h
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 ...
5h
on MSN
AMD announces major layoffs as AI becomes main focus
Chipmaking giant AMD is laying off 1,000 of its 26,000 workers The company wants to focus on artificial intelligence and data ...
ReadWrite
5h
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
23h
AMD is firing 4% of its global workforce as it realigns in likely pursuit of all those AI dollars
Taken at face value, the largest and most obvious "opportunity" for
AMD
is
AI
. So, the implication is that
AMD
is ...
Game Rant
3h
AMD Ryzen AI MAX 300 Series Key Specifications Leak Shows Radeon 8000S Branding
The roadmap for AMD’s upcoming products in the mobile segment was recently leaked, and it showed some interesting ...
The Register on MSN
22h
AMD axes 4% of staff while staring hungrily at AI, servers
LLM, LLM on the wall, who will be laid off first of all? AMD has confirmed plans to cut approximately four percent of its ...
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 ...
1d
on MSN
Jefferies Highlights Advanced Micro Devices, Inc. (AMD)’s Growing AI Momentum, Raises 2024 AI Revenue Guidance to $5 Billion
We recently compiled a list of the 14 AI News Investors Are Paying Attention To. In this article, we are going to take a look ...
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