AMD cuts 1,000 staff to focus on AI chips in battle with Nvidia
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
AMD to cut 4% of global workforce as it focuses on AI chip development
Revenue in AMD's data center segment, which houses its AI graphics processors, jumped more than two-fold in the September quarter. On the other hand, the personal computer segment grew 29%, while sales in its gaming unit slumped about 69% during the period.
AMD Cutting About 4% of Workforce to Focus Resources on AI Push
Advanced Micro Devices Inc. is shedding about a thousand jobs as part of an effort to refocus on newer markets like artificial intelligence chips.
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, as the longtime CPU maker seeks to gain a stronger foothold in the growing artificial intelligence chip space dominated by Nvidia. " As a part of aligning our resources with our largest growth opportunities,
AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity
says it will lay off 4% of its staff, which works out to be about 1,000 jobs based on its headcount of 26,000 employees at the end of last ye
AMD axes 4% of staff while staring hungrily at AI, servers
LLM, LLM on the wall, who will be laid off first of all? AMD has confirmed plans to cut approximately four percent of its global workforce - about 1,000 jobs out of a total headcount of roughly 26,000.
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Cowboy State Daily3d
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tyla1d
Urgent warning issued as hackers target anyone who types these six words into their computer
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Putnam Daily Voice5h
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USA Today8h
Columbus won't meet mayor's goal of fixing computer systems from cyber attack by Oct. 31
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