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AI, AMD
AMD announces major layoffs as AI becomes main focus
Chipmaking giant AMD is laying off 1,000 of its 26,000 workers The company wants to focus on artificial intelligence and data centers Data center revenue accounted for 51% of AMD’s entire revenue last quarter AMD has confirmed it will be laying off around 1,
AMD is firing 4% of its global workforce as it realigns in likely pursuit of all those AI dollars
AMD
was approached about the reports and confirmed that 4% of the global workforce was being let go. The
company
said the layoffs were due to "aligning our resources with our largest growth opportunities." Taken at face value, the largest and most obvious ...
AMD cutting almost 1,000 jobs to focus resources on AI push
The move follows other cutbacks among longtime Silicon Valley companies. Cisco Systems Inc. is eliminating more than 6,000 positions, and Intel is cutting about 15% of its workforce of more than
GameRant on MSN
1d
AMD Hit With Layoffs
AMD, the maker of graphics cards for PC as well as Xbox and PlayStation chips, announces that it's laying off some of its ...
2d
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 ...
1d
AMD is laying off over 1,000 staff, as gaming GPU revenue plummets
The workforce is being cut by 4%, after poor sales from its gaming division, which makes AMD Radeon graphics cards, plus PS5 ...
2d
AMD lays off 4% of its workforce
AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many ...
2d
on MSN
Where Will AMD Stock Be in 5 Years?
The chipmaker has delivered solid gains in the past five years, and a closer look at its prospects indicates more possible ...
1d
Unattractive AMD Chart Pattern And Valuation Still A Sell
We advises selling AMD stock due to underperformance and risks from trade wars and geopolitical tensions. Read a detailed ...
Yahoo
10h
2 Companies Unlocking Higher Profits: AMD, TSLA
allowing a
company
to enjoy higher profits. Companies generally see margin expansion through successful cost-cutting ...
2d
AMD to cut 4% of workforce, impacting around 1,000 employees
AMD announced on Wednesday that it will reduce its global workforce by 4%, marking a strategic move to focus more on the ...
3d
Why The Market Doesn't Care About AMD's AI Revenue
Advanced Micro Devices' AI accelerator performance is strong, but struggles to compete with Nvidia in the market and on ...
22h
Burned-out AMD Ryzen 7 9800X3D gaming CPU prompts MSI to begin an investigation
Motherboard maker MSI has confirmed that it's looking into a Redditor's burned out 9800X3D CPU and X870 Tomahawk motherboard ...
1d
on MSN
Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters
Advanced Micro Devices, a massive Santa Clara tech company that designs incredibly complex computer chips, is laying off 4% ...
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