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AMD to Cut 4% of Global Workforce

Fortune on MSN · 17h

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 to Lay Off 4% of Workforce in Strategic Shift Toward AI Chips

Advanced Micro Devices (AMD) revealed on Wednesday that it will be cutting approximately 4% of its global workforce, which amounts to around 1,040 employees.

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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, ...

9h

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 ...

19hon 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 ...

GlobalData on MSN18h

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 ...

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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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