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 ...
Advanced Micro Devices to Cut Global Headcount by 4%
The layoffs would affect about 1,040 employees and are part of a shift in AMD’s broader business strategy.
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 ...
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 ...
The Financial Express6h
AMD to lay off 4% of workforce amid push for AI chip development
Analysts are optimistic about AMD’s future in the AI space, with predictions that the company’s data center revenue could ...
Network World5h
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 ...
Yahoo21h
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 ...
AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity
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, ...
SK Hynix Shares Retreat, Tracking U.S. Chip Stocks' Declines
SK Hynix's retreat followed a poor performance by U.S. chip stocks. Advanced Micro Devices and Micron Technology each fell more than 4% on Wednesday, while AI chip giant Nvidia shed 2%.
Benzinga.com18h
AMD Plans To Cut 4% Of Workforce Amid Strategic Shift Toward AI Chip Development To Rival Jensen Huang-Led Nvidia's Dominance: Report
Advanced Micro Devices AMD has reportedly decided to lay off approximately 1,000 employees, representing 4% of its global ...
Investor's Business Daily on MSN3h
As AMD Struggles, Bearish Option Trade Could Return 11% In About 5 Weeks
AMD dropped 3% Wednesday and is below declining 21-, 50- and 200-day moving averages. I’m willing to bet that upside will be ...
Guru3D.com9h
AMD Reduces Workforce by 4%
Advanced Micro Devices, Inc. (AMD), a leading semiconductor manufacturer, has announced the elimination of approximately 1,000 jobs, representing a 4% reduction in its global workforce. This strategic ...