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AMD is laying off 4 percent of its global workforce
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.
AMD lays off 4 percent of its global workforce
AMD has confirmed it’s laying off roughly four percent of its global workforce, according to reports by TechCrunch and others. It’s not entirely clear how many people will be impacted by this move, or which divisions the laid off employees will be pulled from.
AMD To Lay Off 4% Of Global Workforce As It Focuses On AI Chip Development
AMD is regarded as the closest rival to Nvidia in the lucrative market for chips that form the brains of complex data centers that can process the large mounds of data used by generative AI technology like OpenAI's ChatGPT.
1d
Intel's top scientist wins Lisa Su Award — Dr. Ann Kelleher honored for years of technical prowess
Intel's executive VP, Dr. Ann Kelleher, has been awarded the Dr. Lisa Su Women of Innovation Award from GSA, named for AMD's ...
24/7 Wall St
6h
Advanced Micro Devices Inc. (AMD) Price Prediction and Forecast 2025-2030
According to PC Gamer, “The AMD Ryzen 7 7800X3D is simply the best gaming CPU around right now. It’s certainly the best ...
20h
on MSN
Advanced Micro Devices to lay off roughly 1,000 workers, 4% of global workforce
Advanced Micro Devices said Wednesday roughly 4% of approximately 26,000 employees worldwide will be laid off. About 1,000 ...
TweakTown
14d
AMD's Lisa Su confirms RDNA 4 GPU details - 2025 launch, powerful ray tracing, and AI
AMD CEO Lisa Su confirms next-gen Radeon RX 8000 Series GPUs are coming 'early 2025,' while teasing advanced ray tracing ...
7d
AMD Launches New CPUs, GPUs And More Across Datacenter, AI And PC
At its Advancing AI event in San Francisco, AMD announced major new chip designs across its portfolio—datacenter, AI, ...
3d
AMD CEO Lisa Su says GPU and CPU sales are nearly equal. Wall Street thinks that's not enough.
If the central processing unit was the engine of the first age of computing, the graphics processing unit is the next — ...
AOL
27d
Lisa Su Just Delivered Incredible News for Advanced Micro Devices Stock Investors
The company hosted its "Advancing AI" event on Oct. 10, where its CEO
Lisa
Su
provided an update on its next-generation chips. Although Advanced Micro Devices is still trailing Nvidia in the ...
TechNewsWorld
3d
AMD Is Making Great Strides in AI, May End Up Merging With Intel
AMD has made significant strides in AI. Last week, it announced that its first 1-billion parameter large language models are ...
21h
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.
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