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AMD to layoff 4pct of employees
AMD Layoffs: Semiconductor Firm Plans To Fire 1,000 Employees; Here's Why
Despite a strong 29 per cent growth in its personal computer segment, AMD’s gaming division has experienced a sharp 69 per cent year-over-year decline
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 26,000 employees as of last year, according to the company’s annual 10-K filing. Four percent would translate to approximately 1,000.
Nvidia-Rival AMD to Layoff 1000 Employees, Slashes Global Workforce by 4%
AMD has announced the move at the time when it is facing stiff competition from its closest rival, Nvidia, in the AI chip market
15h
Nvidia Sweeps Benchmarks. AMD Is MIA, Again
Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...
Benzinga.com
7h
AMD Plans To Cut 4% Of Workforce Amid Strategic Shift Toward AI Chip Development To Rival Jensen Huang-Led Nvidia's Dominance: Report
What Happened:
AMD
is realigning its resources to compete with
Nvidia
Corporation NVDA in the data center chip market, ...
3h
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.
3h
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, ...
6d
on MSN
Could AMD Stock Be the Next Nvidia Stock?
Nvidia's (NASDAQ: NVDA) returns have trounced AMD's (NASDAQ: AMD), and AMD shareholders are hoping for a reversal of that ...
6d
on MSN
Intel’s Battlemage might beat Nvidia and AMD to the punch
A new leak implies that Intel Arc Battlemage might arrive soon, and that could give Intel an unexpected edge over AMD and ...
5d
Intel's Battlemage GPUs rumoured to arrive in December, well ahead of AMD and Nvidia's next-gen chips
Intel has been in a bit of a dubious position for some time. With instabilities in its 13th and 14th-generation chips and its ...
1d
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 ...
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