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Chipmaker AMD cutting 1000 jobs

Fortune on MSN · 11h

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 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 .

East Bay Times · 8h

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

GlobalData on MSN12h

AMD to lay off 4% of staff to enhance AI chip development capabilities

Advanced Micro Devices (AMD) plans to reduce its global workforce by 4% as it aims to strengthen its position in the AI chip ...

AMD is firing 4% of its global workforce as it realigns in likely pursuit of all those AI dollars

Taken at face value, the largest and most obvious "opportunity" for AMD is AI. So, the implication is that AMD is ...

Amazon: Free computing power for AI researchers

who heads business development for AI chips at AWS. The program is also intended to gain ground on chips from Nvidia, ...

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