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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 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.
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
22h
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 ...
7h
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 ...
ReadWrite
4h
AMD cuts 1,000 jobs to focus on growing AI market as Nvidia leads
AMD cuts workforce by 4%, refocusing on AI chips to compete with Nvidia. With AI chip sales expected to reach $5 billion in ...
NBC Washington
22h
AMD to lay off 4% of workforce, or about 1,000 employees
AMD
is the second-biggest producer of graphics processing units, or GPUs, behind
Nvidia
.
AMD
said on Wednesday that it ...
20h
Trump’s Surprise Boost To Nvidia, AI Stocks
Our theme of Internet Infrastructure Stocks which includes companies that sell hardware and software for server processors, ...
HotHardware
1h
Corsair Confirms Key Power Supply Specs For NVIDIA GeForce RTX 50 GPUs
Corsair doesn't mention
NVIDIA
or
AMD
(or Intel) specifically, but the timing is telling. "The latest graphics cards now ...
1d
on MSN
Nvidia’s rumored CPU could pack integrated GPU to rival RTX 4070 mobile – should AMD and Intel start to worry now?
Nvidia APU rumored to equal RTX 4070 laptop GPU in performance Laptops are already being made with the APU, including from ...
Yahoo
11h
Nvidia's Stalker 2 benchmarks suggest it might be CPU limited, but DLSS 3 looks to make a world of difference at 4K
Nvidia
's Stalker 2 benchmark results for RTX 40-series graphics ... Best CPU for gaming: Top chips from Intel and
AMD
.
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