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Advanced Micro Devices to lay off roughly 1,000 workers, 4% of global workforce
Advanced Micro Devices said Wednesday roughly 4% of approximately 26,000 employees worldwide will be laid off. About 1,000 AMD workers will lose their jobs.
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.
AMD to Cut 4% of Global Workforce as It Focuses on AI Chip Development
The logo of semiconductor company Advanced Micro Devices Inc (AMD) is seen on a graphics processing unit (GPU) chip in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo (Reuters) - Advanced Micro Devices is laying off 4% of its global workforce,
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 will lay off nearly 1,000, or 4% of staff, as AI competition heats up
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.
AMD is laying off workers as it focuses on AI
Advanced Micro Devices (AMD) is cutting 4% of its global workforce as it focuses on competition in the artificial intelligence chips space.
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 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 workers have been impacted by the reduction — and which divisions. AMD had roughly 26,
1d
Intel's top scientist wins Lisa Su Award — Dr. Ann Kelleher honored for years of technical prowess
Intel's executive VP, Dr. Ann Kelleher, has been awarded the Dr. Lisa Su Women of Innovation Award from GSA, named for AMD's ...
1mon
Lisa Su
Over her 10-year tenure as AMD’s CEO, Lisa Su has successfully steered the chipmaker’s mission to diversify beyond the PC ...
TweakTown
14d
AMD's Lisa Su confirms RDNA 4 GPU details - 2025 launch, powerful ray tracing, and AI
AMD CEO Lisa Su confirms next-gen Radeon RX 8000 Series GPUs are coming 'early 2025,' while teasing advanced ray tracing ...
7d
AMD Launches New CPUs, GPUs And More Across Datacenter, AI And PC
At its Advancing AI event in San Francisco, AMD announced major new chip designs across its portfolio—datacenter, AI, ...
14d
AMD still has a gap to close with Nvidia's AI chips
Shares of AMD dropped after its third-quarter earnings call. CEO Lisa Su said that gaining trust in the GPU market takes time ...
2d
AMD CEO Lisa Su says GPU and CPU sales are nearly equal. Wall Street thinks that's not enough.
If the central processing unit was the engine of the first age of computing, the graphics processing unit is the next — ...
AOL
26d
Lisa Su Just Delivered Incredible News for Advanced Micro Devices Stock Investors
The company hosted its "Advancing AI" event on Oct. 10, where its CEO
Lisa
Su
provided an update on its next-generation chips. Although Advanced Micro Devices is still trailing Nvidia in the ...
TechNewsWorld
2d
AMD Is Making Great Strides in AI, May End Up Merging With Intel
AMD has made significant strides in AI. Last week, it announced that its first 1-billion parameter large language models are ...
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