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Chipmaker AMD cutting 1000 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 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 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 market, reported Reuters. This move, which is expected to impact around 1,000 employees,
2h
How the Trump tariffs on Taiwan chips could hurt the AI trade — and the likes of Nvidia
President-elect Donald Trump made raising tariffs on imported goods a tenet of his reelection campaign. And while that could ...
2d
New AMD Ryzen gaming CPU smashes Intel and could make monster gaming handhelds
AMD parades its new Ryzen 9 AI HX 370 in its own gaming benchmarks, where it seems to wipe the floor with the Intel Core ...
TweakTown
2d
AMD says its Ryzen AI 9 HX 370 chip is 75% faster than Intel Core Ultra for gaming
AMD's Ryzen AI 9 HX 370 benchmarks show that it's 75% faster for gaming than Intel Core Ultra, however the numbers include ...
2d
on MSN
AMD claims Ryzen AI 300 blows away Intel in gaming by 75 percent
AMD released benchmarks on Thursday showing that its own Ryzen AI 300 chip destroys Intel's latest Lunar Lake chip in gaming.
3d
AMD Will Lay Off 4% of Its Global Employees to Focus on AI Chips
Advanced Micro Devices (AMD) has announced plans to lay off 4% of its global workforce, impacting roughly 1,000 employees.
2d
Software trickery gives AMD a major advantage
To back these claims, AMD rolled out benchmark results for over 15 popular game titles run at 1080p medium settings. The ...
2d
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 ...
1d
on MSN
Is AMD Stock Finally Better Than NVDA Stock After a 36% Decline?
Advanced Micro Devices (NASDAQ:AMD) stock has tumbled 36% from its 52-week high of $211 in March and trades around $135 as of ...
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Related topics
Artificial intelligence
Nvidia
AI
Advanced Micro Devices
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