AMD cuts 1,000 jobs to focus more on AI chips—and narrow Nvidia’s lead
Good morning. Which way is X heading? Some media executives told the Financial Times that brands plan a return to Elon Musk’s platform, in the hope of pleasing the tech mogul as he takes an influential role in the Trump administration. But the FT’s ...
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. “As a part of aligning our resources with our largest growth opportunities, we are taking a number of ...
Focus on AI chips: job cuts at AMD
US chip manufacturer AMD is cutting four percent of its global workforce and focusing on the development of AI chips.
AMD cuts 1,000 staff to focus on AI chips in battle with Nvidia
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
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
AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity
says it will lay off 4% of its staff, which works out to be about 1,000 jobs based on its headcount of 26,000 employees at the end of last ye
Chipmaker giant AMD to cut 1,000 jobs as it battles Nvidia
Computer chipmaker AMD is laying off around 1,000 employees, or around 4% of its workforce, becoming the latest Silicon Valley tech giant to slash expenses. The Santa Clara-based company said it is “aligning our resources with our largest growth opportunities.
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AMD Lays Off 1,000 Employees as It Shifts Focus to AI Chips Amid Competition with Nvidia
This move comes as the company sharpens its focus on developing AI chips to compete with industry leader Nvidia. Read ...
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AMD announces major layoffs as AI becomes main focus
Chipmaking giant AMD is laying off 1,000 of its 26,000 workers The company wants to focus on artificial intelligence and data ...