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AMD to cut 4% of global workforce

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 Says It’s Laying Off 4 Percent Of Workforce Amid AI Chip Push

AMD confirmed to CRN that it’s laying off roughly 4 percent of its workforce to focus on its ‘largest growth opportunities,’ which includes its effort to challenge Nvidia.

AMD lays off 4 percent of its global workforce

AMD is laying off four percent of its global workforce. This follows numerous job cuts at rival company Intel.

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AMD dominates chip sales on Amazon — top ten best selling CPUs all come from Team Red, Intel’s highest entry sits at 11th place

AMD has recently been on a roll with its desktop chips, growing its desktop processor market share to 28.7% in 3Q24 versus 15 ...

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AMD Launches New CPUs, GPUs And More Across Datacenter, AI And PC

At its Advancing AI event in San Francisco, AMD announced major new chip designs across its portfolio—datacenter, AI, ...

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Where Will AMD Stock Be in 5 Years?

The chipmaker has delivered solid gains in the past five years, and a closer look at its prospects indicates more possible ...

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