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.
The workforce is being cut by 4%, after poor sales from its gaming division, which makes AMD Radeon graphics cards, plus PS5 ...
AMD has seen a 69% decline in its gaming division and hasn't made nearly as many gains in the AI chip sector as rival US chip ...
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 ...
AMD has just unveiled some internal benchmarks of its Ryzen AI 9 HX 370 processor. Although it’s been a few months since ...
AMD’s struggles to overhaul Nvidia are evident in the price of its shares. While its stock is down 5% in the year to date, ...
Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...
The roadmap for AMD’s upcoming products in the mobile segment was recently leaked, and it showed some interesting ...
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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