AMD to cut 4% of workforce to prioritize AI chip expansion and rival Nvidia
Advanced Micro Devices (AMD) is laying off 4% of its global workforce, around 1,000 employees, as it pivots resources to developing AI-focused chips. This marks a strategic shift by AMD to challenge Nvidia’s lead in the sector.
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.
The workforce is being cut by 4%, after poor sales from its gaming division, which makes AMD Radeon graphics cards, plus PS5 ...
AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many ...
AMD has announced plans to cut four percent of its global workforce, approximately 1,000 jobs. The move comes less than a ...
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When you buy through links on our articles, Future and its syndication partners may earn a commission. Credit: AMD AMD ...
Advanced Micro Devices (AMD), Intel (INTC), and Taiwan Semiconductor Manufacturing (TSM) are major players in the ...
The AMD Ryzen 7 9800X3D has been the recipient of much acclaim thanks to the upgraded 3D V-Cache for gamers, placing it at ...
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