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Chipmaker AMD cutting 1000 jobs

Fortune on MSN · 20h

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 .

Hosted on MSN · 22h

AMD Lays Off 1,000 Employees as It Shifts Focus to AI Chips Amid Competition with Nvidia

Advanced Micro Devices (AMD) has emerged as Nvidia’s closest rival in the lucrative market for chips powering complex data centers. These chips play an essential role in processing the vast amounts of data used by generative AI technologies like OpenAI ...

14hon MSN

AMD claims Ryzen AI 300 blows away Intel in gaming by 75 percent

AMD released benchmarks on Thursday showing that its own Ryzen AI 300 chip destroys Intel's latest Lunar Lake chip in gaming.

23h

AMD To Reduce Global Workforce By 4% Amid AI Focus

As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that will ...

1d

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 ...

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