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AMD to lay off 4% of workforce, or about 1,000 employees
AMD, a Santa Clara-based chipmaker, said on Wednesday that it will lay off 4% of its staff around the world, as the longtime CPU maker seeks to gain a stronger foothold in the growing AI chip space dominated by Nvidia.
AMD Cutting About 4% of Workforce to Focus Resources on AI Push
Advanced Micro Devices Inc. is shedding about a thousand jobs as part of an effort to refocus on newer markets like artificial intelligence chips.
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 workers have been impacted by the reduction — and which divisions. AMD had roughly 26,
Forbes
3h
Nvidia Sweeps Benchmarks. AMD Is MIA, Again.
It should not surprise anyone:
Nvidia
is still the fastest AI and HPC accelerator across all MLPerf benchmarks. And while ...
47m
AMD to Cut 4% of Global Workforce as It Focuses on AI Chip Development
Revenue in AMD's data center segment, which houses its AI graphics processors, jumped more than two-fold in the September ...
5h
on MSN
Nvidia’s rumored CPU could pack integrated GPU to rival RTX 4070 mobile – should AMD and Intel start to worry now?
Nvidia APU rumored to equal RTX 4070 laptop GPU in performance Laptops are already being made with the APU, including from ...
TweakTown
19h
NVIDIA's first consumer APU teased: leaks tease RTX 4070 Laptop GPU perf at 65W while gaming
NVIDIA x MediaTek's new AI PC processor teased: new APU aims at high-end market, offering RTX 4070 Laptop GPU at 65W in ...
18h
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 ...
7d
on MSN
These 2 Stocks Are Nvidia's Most Serious Competitors, But Are They Even Close?
Cerebras Systems is differentiating itself from
Nvidia
through its unique chip architecture. While
AMD
and Cerebras are ...
2d
Trump’s Surprise Boost To Nvidia, AI Stocks
Our theme of Internet Infrastructure Stocks which includes companies that sell hardware and software for server processors, ...
1d
Why The Market Doesn't Care About AMD's AI Revenue
Advanced Micro Devices' AI accelerator performance is strong, but struggles to compete with Nvidia in the market and on ...
7d
Nvidia is making a new PC CPU to take on Intel, AMD, and Apple, says report
The gaming GPU maker reportedly has a new consumer PC Arm CPU in the works, set to challenge the AMD Ryzen and Intel Core ...
1d
Zoho CEO Sridhar Vembu: Intel lost while Nvidia, AMD are winning, because they took care of ...
Zoho CEO Sridhar Vembu critiqued Intel's decline, attributing it to prioritizing short-term profits over employee well-being.
The Register on MSN
4h
HPE goes Cray for Nvidia's Blackwell GPUs, crams 224 into a single cabinet
Meanwhile, HPE's new ProLiant servers offer choice of Gaudi, Hopper, or Instinct acceleration If you thought Nvidia's 120 kW ...
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