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AMD to Cut 4% of Global Workforce

AMD to lay off 4% of workforce, or about 1,000 employees

AMD said on Wednesday that it will lay off 4% of its global staff. AMD had 26,000 employees at the end of last year, according to a U.S. Securities and Exchange Commission filing. AMD is the second-biggest producer of graphics processing units,

The Straits Times · 17h

AMD cutting 4% of workforce, or about 1,000 employees, to focus resources on AI push

AMD has been pouring resources into AI processors – a market dominated by Nvidia. Read more at straitstimes.com.

U.S. News & World Report · 23h

AMD to Cut 4% of Global Workforce as It Focuses on AI Chip Development

The logo of semiconductor company Advanced Micro Devices Inc (AMD) is seen on a graphics processing unit (GPU) chip in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo (Reuters) - Advanced Micro Devices is laying off 4% of its global workforce,

Hosted on MSN18h

Chipmaker giant AMD to cut 1,000 jobs as it battles Nvidia

Computer chipmaker AMD is laying off around 1,000 employees, or around 4% of its workforce, becoming the latest Silicon ...

Daily Digest: Big chipmaker to slash 1,000 jobs; Databricks eyes big raise

Here's all that's fit to print — digitally that is — in local Bay Area business this Thursday morning in mid-November.

Xinhua17h

AMD to lay off 4 pct of its workforce

SAN FRANCISCO, Nov. 13 (Xinhua) -- U.S. computer chipmaker AMD is laying off around 1,000 employees, or 4 percent of its workforce, according to the company's annual 10-K filing.

Business Insider2d

AMD Announces Versal Premium Series Gen 2 Enabling New Levels of System Acceleration to Meet the Demands of Data-Intensive Workloads

SANTA CLARA, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced the AMD Versal™ Premium Series Gen 2, an adaptive SoC platform designed to deliver the highest levels ...

CRN5d

AMD Nears A Quarter Of x86 CPU Market Share For PCs And Servers

AMD is 1 percent away from reaching a quarter share of the Intel-dominated x86 CPU market for PCs and servers combined after ...

Yahoo Finance29d

AMD to Report Fiscal Third Quarter 2024 Financial Results

SANTA CLARA, Oct. 16, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) announced today that it will report fiscal third quarter 2024 financial results on Tuesday, Oct. 29, 2024, after the close of ...

Seeking Alpha on MSN12d

Bulls vs. Bears: SA analysts weigh in on AMD as stock drops after earnings

SA analysts reviewed their bets on Advanced Micro Devices (NASDAQ:AMD) after the semiconductor giant reported a mixed ...

Advanced Micro Devices, Inc.: AMD Reports Third Quarter 2024 Financial Results

AMD (NASDAQ:AMD) today announced revenue for the third quarter of 2024 of $6.8 billion, gross margin of 50%, operating income of $724 million, net ...

Yahoo Finance16d

Advanced Micro: Q3 Earnings Snapshot

SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Advanced Micro Devices Inc. (AMD) on Tuesday reported third-quarter profit of $771 million. The Santa Clara, California-based ...

ViewusGlobal on MSN6h

AMD Lays Off 1,000 Employees as It Shifts Focus to AI Chips Amid Competition with Nvidia

AMD lays off 1,000 employees as it shifts focus to AI chips, aiming to compete with Nvidia in the growing data center market.

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