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 26,000 employees as of last year, according to the company’s annual 10-K filing. Four percent would translate to approximately 1,000.
Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards ...
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, ...
Advanced Micro Devices (AMD), Intel (INTC), and Taiwan Semiconductor Manufacturing (TSM) are major players in the ...
Advanced Micro Devices AMD has reportedly decided to lay off approximately 1,000 employees, representing 4% of its global ...
Bloomberg L.P. on MSN13h
AMD Cutting About 4% of Workforce to Focus Resources on AI PushAdvanced Micro Devices Inc. is shedding about a thousand jobs as part of an effort to refocus on newer markets like ...
AMD is the world’s second-largest manufacturer of graphics processing units, also known as GPUs, which power the vast ...
Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...
AMD’s upcoming Zen 6 “Medusa” desktop processors are likely to continue with the current AM5 socket. This information was ...
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