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.
AI, ASML
Nvidia was gaining early Thursday amid signs of robust demand for artificial-intelligence chips from the wider market.Nvidia ...
In turn, chip demand could begin transitioning from more overseas reliance in favor of U.S. manufacturers such as Intel. 2.
With how popular some artificial intelligence (AI) stocks have become, many investors may feel like they've missed the boat.
AMD plans to start mass production of its MI325X AI chip in fourth-quarter of 2024, although ramping up production is ...
Nvidia’s (NVDA) new artificial intelligence chip has its first customer, which plans to build the most powerful AI ...
One of the participating companies, Qualcomm Inc., is at the forefront of the AI wave, designing chip systems to leverage ...
Despite Monday's pullback from record highs, analysts remain bullish on Nvidia's AI chip dominance, raising price targets to ...
Amazon is developing its own AI chips, led by its Annapurna Labs, to compete with Nvidia. The new Trainium 2 chip aims to ...
A small chip-equipment stock called Camtek continues to see rapid growth for its AI-related products. It’s a good sign for ...
Juniper Networks Inc. on Tuesday disclosed that it has invested in Recogni Inc., a startup with an artificial intelligence ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback