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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 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 positions, and Intel is cutting about 15% of its workforce of more than
4h
on MSN
AMD announces major layoffs as AI becomes main focus
AMD had doubled its headcount in recent years to tackle the surge in demand for high-performance processors used in AI data ...
21h
on MSN
AMD to lay off 4% of workforce, or about 1,000 employees
At the end of last year, AMD had 26,000 employees, according to a U.S. Securities and Exchange Commission filing.
22h
AMD lays off 4% of its workforce
AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many ...
Datacenter Dynamics
1h
AMD to cut 1,000 jobs
AMD
has announced plans to cut four percent of its global workforce, approximately 1,000 jobs. The move comes less than a ...
Yahoo
1h
AMD Ryzen AI claimed to offer ‘up to 75% faster gaming’ than Intel
AMD
has just unveiled some internal benchmarks of its Ryzen AI 9 HX 370 processor. Although it’s been a few months since ...
13h
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, ...
1h
AMD’s Ryzen 7 9800X3D is hot stuff - literally, as one has just burnt out a motherboard
The AMD Ryzen 7 9800X3D has been the recipient of much acclaim thanks to the upgraded 3D V-Cache for gamers, placing it at ...
Yahoo
22h
AMD is firing 4% of its global workforce as it realigns in likely pursuit of all those AI dollars
When you buy through links on our articles, Future and its syndication partners may earn a commission. Credit:
AMD
AMD
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