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AMD to cut 4% of global workforce
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 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 to Lay Off 4% of Workforce in Strategic Shift Toward AI Chips
Advanced Micro Devices (AMD) revealed on Wednesday that it will be cutting approximately 4% of its global workforce, which amounts to around 1,040 employees.
1d
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 ...
1d
on MSN
Better Artificial Intelligence Stock: Nvidia vs. AMD
Plenty of tech companies are all-in on artificial intelligence, but perhaps two of the most prominent players in AI's growth ...
6h
AI accelerator tinybox pro goes up for preorder for $40,000 — the device features eight RTX 4090s and two AMD Genoa EPYC processors
The tinybox pro is now up for preorder on the tinygrad website, offering two more GPUs, an extra AMD Genoa EPYC processor, ...
2d
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 ...
18m
Nvidia's upcoming CPU could offer RTX 4070 mobile levels of performance
The long-running rumor is that Nvidia will be working with MediaTek to produce these Arm-based chips. The latter's rival, ...
59m
Will Nvidia Be a $5 Trillion Stock by 2028?
Nvidia finished fiscal 2024 with $1.19 per share in earnings. The following chart shows us that its bottom line could hit $4.84 per share by fiscal 2027, translating into a compound annual growth rate ...
3d
Why The Market Doesn't Care About AMD's AI Revenue
Advanced Micro Devices' AI accelerator performance is strong, but struggles to compete with Nvidia in the market and on ...
PCMag on MSN
1d
Major Layoffs Hit AMD, With Up to 1,000 Employees Potentially Impacted
AMD has seen a 69% decline in its gaming division and hasn't made nearly as many gains in the AI chip sector as rival US chip ...
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