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AMD, AI

Hosted 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 giant Nvidia.

AMD Says It’s Laying Off 4 Percent Of Workforce Amid AI Chip Push

AMD confirmed to CRN that it’s laying off roughly 4 percent of its workforce to focus on its ‘largest growth opportunities,’ which includes its effort to challenge Nvidia.

Digi Times · 1d

AMD cutting about 4% of workforce to focus resources on AI push

Advanced Micro Devices (AMD) is shedding about a thousand jobs as part of an effort to refocus on newer markets like artificial intelligence chips.

1d

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, ...

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.

14hon MSN

Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters

Advanced Micro Devices, or AMD, is laying off 4% of the company in a slash that will hit at least 129 Bay Area workers. The ...

AMD confirms layoffs and lowered Q4 outlook

Intel has similar issues, including profitability and market share losses to AMD. Intel has faced its own layoffs and ...

The HR Digest23h

In Light of a Mixed Q3 Report, AMD Announces Job Cuts

The AMD job cuts will affect 4% of its workforce and help the company finance its push further into the AI chip market.

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