AMD to cut 4% of global workforce

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% of its staff. The sweeping cut includes at least 129 California workers. AMD finished 2023 with about 26,
Nvidia-Rival AMD to Layoff 1000 Employees, Slashes Global Workforce by 4%
AMD has announced the move at the time when it is facing stiff competition from its closest rival, Nvidia, in the AI chip market
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
Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to compete against industry bellwether Nvidia .
AMD cuts 1,000 jobs to focus more on AI chips—and narrow Nvidia’s lead
The chipmaker is trying to grow by cutting jobs.
AMD Lays Off 1,000 Employees as It Shifts Focus to AI Chips Amid Competition with Nvidia
AMD lays off 1,000 employees as it shifts focus to AI chips, aiming to compete with Nvidia in the growing data center market.
AMD cuts 1,000 staff to focus on AI chips in battle with Nvidia
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
Chipmaker giant AMD to cut 1,000 jobs as it battles Nvidia
Computer chipmaker AMD is laying off around 1,000 employees, or around 4% of its workforce, becoming the latest Silicon Valley tech giant to slash expenses. The Santa Clara-based company said it is “aligning our resources with our largest growth opportunities.
Nvidia Sweeps Benchmarks. AMD Is MIA, Again
Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...
Better Artificial Intelligence Stock: Nvidia vs. AMD
Additionally, Nvidia's stock is technically cheaper than AMD's. While not inexpensive, Nvidia's shares have a ...
Game Rant7h
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 ...
ReadWrite14h
AMD cuts 1,000 jobs to focus on growing AI market as Nvidia leads
AMD cuts workforce by 4%, refocusing on AI chips to compete with Nvidia. With AI chip sales expected to reach $5 billion in ...
AMD’s next-gen laptop GPU may rival Nvidia’s RTX 5090
According to a new leak, AMD is readying four RDNA 4 laptop graphics cards, and the top GPU might rival Nvidia's flagship in ...
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.
Zoho CEO Sridhar Vembu: Intel lost while Nvidia, AMD are winning, because they took care of ...
Zoho CEO Sridhar Vembu critiqued Intel's decline, attributing it to prioritizing short-term profits over employee well-being.
AMD vs. INTC vs. TSM: Will These Chipmakers Rally as High as NVDA?
Intel (INTC), and Taiwan Semiconductor Manufacturing (TSM) are major players in the chipmaking and artificial intelligence ...