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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 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 2023.
23h
on MSN
Better Artificial Intelligence Stock: Nvidia vs. AMD
Additionally, Nvidia's stock is technically cheaper than AMD's. While not inexpensive, Nvidia's shares have a ...
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 ...
GlobalData on MSN
22h
AMD to lay off 4% of staff to enhance AI chip development capabilities
Advanced Micro Devices (AMD) plans to reduce its global workforce by 4% as it aims to strengthen its position in the AI chip ...
4h
AI accelerator tinybox pro goes up for preorder for $40,000 — the device features eight RTX 4090s and two AMD Genoa EPYC processors
The tinybox pro is now up for preorder on the tinygrad website, offering two more GPUs, an extra AMD Genoa EPYC processor, ...
2d
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
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, ...
10h
The Best Artificial Intelligence (AI) ETF to Invest $1,000 in Right Now
The artificial intelligence (AI) market has gone bananas in recent years. Many experts believe we're now experiencing the ...
2d
Why The Market Doesn't Care About AMD's AI Revenue
Advanced Micro Devices' AI accelerator performance is strong, but struggles to compete with Nvidia in the market and on ...
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