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AMD, AI

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 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.

PCMag on MSN · 12h

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.

Nvidia's hot new AI chip has its 1st customer

Nvidia's hot new AI chip has its first customer

Nvidia’s (NVDA) new artificial intelligence chip has its first customer, which plans to build the most powerful AI supercomputer in Japan.

Reuters on MSN · 1d

SoftBank first to receive new Nvidia chips for supercomputer

SoftBank's Japanese telecoms unit will receive the first chips using Nvidia's latest Blackwell design for its supercomputer, the California-based chip designer said, as Masayoshi Son looks to ride the artificial intelligence boom.

Business Insider on MSN · 1d

SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for.

SoftBank Group is the first customer to use Nvidia's Blackwell chips, which will be used to develop an artificial intelligence supercomputer in Japan. The companies plan to build the system — which they call Japan's most powerful supercomputer — in early 2025.

17hon MSN

Meet the 1 Artificial Intelligence (AI) Chip Stock I Think Is Poised for a Big Run Under the Trump Administration (Hint: It's Not Nvidia)

President-elect Trump has a lot of ideas, and potential policy changes related to foreign trade and manufacturing could be a ...

10h

Juniper invests in AI chip startup Recogni, details technical collaboration

Juniper Networks Inc. on Tuesday disclosed that it has invested in Recogni Inc., a startup with an artificial intelligence ...

Benzinga.com10h

AMD Plans To Cut 4% Of Workforce Amid Strategic Shift Toward AI Chip Development To Rival Jensen Huang-Led Nvidia's Dominance: Report

AMD plans to start mass production of its MI325X AI chip in fourth-quarter of 2024, although ramping up production is ...

Nvidia (NVDA): AI Chip Dominance Could Drive $37B Revenue in Q4

Despite Monday's pullback from record highs, analysts remain bullish on Nvidia's AI chip dominance, raising price targets to ...

1don MSN

This Little Known Chip-Equipment Stock Has Good News for Nvidia and the AI Trade

A small chip-equipment stock called Camtek continues to see rapid growth for its AI-related products. It’s a good sign for ...

Crypto Briefing1d

Amazon steps up AI chip development to cut dependence on Nvidia

The company plans to widely release its ‘Trainium 2’ AI training chip next month. The chip development is led by ...

Amazon readies new AI chip to compete with Nvidia

Amazon is developing its own AI chips, led by its Annapurna Labs, to compete with Nvidia. The new Trainium 2 chip aims to ...

5h

Georgia Tech Chip Design Program Empowers the Apple Workforce of Tomorrow

Apple welcomed Georgia Tech into the New Silicon Initiative program, pairing them with Apple mentors to promote semiconductor ...

1don MSN

Jefferies Highlights Meta Platforms, Inc. (META)’s AI Chip Progress, Sees Strong Upside from Growing Demand for Training and Inference Accelerators

We recently compiled a list of the 14 AI News Investors Are Paying Attention To. In this article, we are going to take a look ...

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