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AMD to Cut 4% of Global Workforce
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 Workforce by 4 Percent as Competition in AI Chip Market Heats Up
AMD is set to reduce its workforce by 4%, translating to approximately 1,000 employees, as part of a strategic move to strengthen its position in the artificial intelligence (AI) chip market, where it trails behind leading competitor Nvidia.
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,
AMD, Intel and Ryzen AI
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.
AMD Ryzen AI 300 Series processor laptops can be 75% faster on games than Intel rivals
AMD has a new batch of AMD Ryzen AI 300 Series processors with integrated graphics and the company says its thin-and-light laptops are as much as 75% faster than Intel rivals. The thin-and-light laptops enable you to play games even if you’re not just confined to desktops or consoles in the home.
AMD Ryzen AI claims to offer ‘up to 75% faster gaming’ than Intel
AMD just released some benchmarks that compare its Ryzen AI 9 HX 370 processor to Intel's Lunar Lake. In some games, the CPU offers up to twice the frame rates.
1h
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
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.
19h
on MSN
Better Artificial Intelligence Stock: Nvidia vs. AMD
Additionally, Nvidia's stock is technically cheaper than AMD's. While not inexpensive, Nvidia's shares have a ...
Seeking Alpha
2d
AMD: Lagging AI Growth Shouldn't Last
The Q4 estimate of only $1.84 billion would be highly disappointing, but
AMD
likely hits $2+ billion in the quarter. The ...
2d
AMD unveils Versal Premium Series Gen 2 for data center workloads
Advanced Micro Devices announced its Versal Premium Series Gen 2 chip platform for data center customers doing AI processing and other work.
4d
on MSN
Is an AMD Arm superchip in the works? Fujitsu will partner with Team Red on AI, HPC, open source and Monaka Arm technology
Fujitsu and AMD partner to develop energy-efficient HPC/AI platforms Partnership aims to broaden access to AI, support ...
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