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 Spokesperson It did not reveal which department will lose the most number of jobs but has promised that all the ...
AMD, Xilinx, AppLovin, Equinix, Coursera and EringKlinger are among the most recent tech companies to disclose plans to ...
AMD is laying off about 1,000 employees, or roughly 4 percent of its global workforce, as it shifts its focus towards AI ...
AMDs global workforce sees a 4% reduction after the companys Q3 results fell short of expectations, driven by a dramatic 69% ...
In response to market challenges and shifting growth priorities, Advanced Micro Devices, Inc. (AMD) has confirmed the ...
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