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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 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. “As a part of aligning our resources with our largest growth opportunities, we are taking a number of ...
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.
16m
on MSN
Advanced Micro Devices to Cut Global Headcount by 4%
Advanced Micro Devices is reducing its global workforce by 4% after reporting that most of the growth it sees comes from its ...
13h
on MSN
Jefferies Highlights Advanced Micro Devices, Inc. (AMD)’s Growing AI Momentum, Raises 2024 AI Revenue Guidance to $5 Billion
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 ...
18h
Advanced Micro Devices, Inc. (AMD) Launches Versal Premium Series Gen 2 SoC, Optimizing Real-Time Processing for AI, Data Centers, and More
We recently compiled a list of the 15 AI News You Missed This Week. In this article, we are going to take a look at where ...
Money Morning
21h
Three Stocks: Shopify, Advanced Micro Devices, and NIO
The Chinese electric vehicle manufacturer had been experiencing sideways trading due to investor hesitancy, exacerbated today ...
1d
AMD and Intel Recently Reported Earnings -- but There Was Only 1 Clear Winner
Growth Stocks Down 34% to 62% to Buy Right Now 2 Ultimate Growth Stocks to Buy With $1,000 Right Now Why Is Everyone Talking ...
3d
Insiders At Advanced Micro Devices Sold US$7.5m In Stock, Alluding To Potential Weakness
In the last year Advanced Micro Devices insiders didn't buy any company stock. You can see a visual depiction of insider ...
18h
AMD: Lagging AI Growth Shouldn't Last
Advanced Micro Devices, Inc. is still working to tap into the big AI chip opportunity. Click here to read why AMD stock is a ...
6d
Advanced Micro Devices Inc. stock rises Wednesday, still underperforms market
This was the stock's second consecutive day of gains.
7d
on MSN
Is Advanced Micro Devices a Millionaire-Maker Stock?
Will Ebiefung has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro ...
12d
Results: Advanced Micro Devices, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Shareholders might have noticed that Advanced Micro Devices, Inc. ( NASDAQ:AMD ) filed its quarterly result this ...
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