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AMD to cut 4% of global workforce
Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters
Advanced Micro Devices, a massive Santa Clara tech company that designs incredibly complex computer chips, is laying off 4% of its staff. The sweeping cut includes at least 129 California workers. AMD finished 2023 with about 26,
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
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 .
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 ...
22h
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 ...
GameRant on MSN
13h
AMD Hit With Layoffs
AMD, the maker of graphics cards for PC as well as Xbox and PlayStation chips, announces that it's laying off some of its ...
ReadWrite
20h
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 ...
4h
Unattractive AMD Chart Pattern And Valuation Still A Sell
We advises selling AMD stock due to underperformance and risks from trade wars and geopolitical tensions. Read a detailed ...
3d
AMD’s next-gen laptop GPU may rival Nvidia’s RTX 5090
According to a new leak, AMD is readying four RDNA 4 laptop graphics cards, and the top GPU might rival Nvidia's flagship in ...
1d
AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity
AMD’s struggles to overhaul Nvidia are evident in the price of its shares. While its stock is down 5% in the year to date, ...
1d
AMD to cut 4% of workforce, impacting around 1,000 employees
AMD announced on Wednesday that it will reduce its global workforce by 4%, marking a strategic move to focus more on the ...
4h
Intel takes down AMD in our integrated graphics battle royale — iGPUs are still nowhere near dedicated GPU levels but use much less power
We've tested 24 games on Intel's latest Lunar Lake laptop, to show how it stacks up against the previous generation Meteor ...
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