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AMD to Cut 4% of Global Workforce
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.
AMD to Cut 4% of Global Workforce as It Focuses on AI Chip Development
The logo of semiconductor company Advanced Micro Devices Inc (AMD) is seen on a graphics processing unit (GPU) chip in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo (Reuters) - Advanced Micro Devices is laying off 4% of its global workforce,
AMD lays off 4 percent of its global workforce
AMD has confirmed it’s laying off roughly four percent of its global workforce, according to reports by TechCrunch and others. It’s not entirely clear how many people will be impacted by this move, or which divisions the laid off employees will be pulled from.
Yahoo
1h
AMD Ryzen AI claimed to offer ‘up to 75% faster gaming’ than Intel
Although it’s been a few months since the release of the Ryzen AI 300 series,
AMD
now compares its CPU to
Intel
’s Lunar ...
38m
on MSN
Intel’s Comeback Conundrum: Will INTC Stock Soar or Stumble in 2024?
Intel (NASDAQ:INTC) used to be the undisputed leader in chip-making. However, the 2020s have not been so kind. AMD started ...
23m
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 ...
2d
AMD and Intel Recently Reported Earnings -- but There Was Only 1 Clear Winner
Growth Stocks Down 34% to 62% to Buy Right Now 2 Ultimate Growth Stocks to Buy With $1,000 Right Now Why Is Everyone Talking ...
The Next Platform
1d
The Server Recession Ends, And Both Intel And AMD Won
Anyone who thinks that Intel is easy to kill need look no further than the historical trends of the Mercury Research market ...
9d
on MSN
AMD buying Intel? It’s on the table
According to a new report, the U.S. government is encouraging Intel to consider a merger, potentially with rival AMD.
Semiconductor Engineering
5h
Powering Mechanical Simulations: AMD Vs. Intel
When selecting the right central processing unit (CPU) for optimizing Ansys Mechanical structural finite element analysis ...
1d
on MSN
Nvidia’s rumored CPU could pack integrated GPU to rival RTX 4070 mobile – should AMD and Intel start to worry now?
Nvidia APU rumored to equal RTX 4070 laptop GPU in performance Laptops are already being made with the APU, including from ...
10h
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.
Opinion
2d
Opinion
Analysis: AMD and Intel can keep their bananas
AMD and Intel are in a marketing race for the fastest gaming processor. This cannot work and produces banana goods.
Business Insider
23h
AMD vs INTC vs TSM: Will These Chipmakers Rally as High as NVDA?
Advanced Micro Devices (
AMD
),
Intel
(INTC), and Taiwan Semiconductor Manufacturing (TSM) are major players in the ...
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