AMD’s struggles in the AI space are apparent. Despite shipping an estimated 224,000 GPUs this year, it hasn’t been enough to keep up with demand from major clients like Microsoft and Meta. NVIDIA, ...
AMD had doubled its headcount in recent years to tackle the surge in demand for high-performance processors used in AI data ...
Intel has similar issues, including profitability and market share losses to AMD. Intel has faced its own layoffs and ...
AMD has reportedly confirmed plans to lay off fully 4% of its global workforce. A 2023 estimate put AMD's workforce at 26,000 ...
The news of the layoffs first popped up on anonymous message boards ... and Nvidia’s dominance in the chip industry is ...
AMD has seen a 69% decline in its gaming division and hasn't made nearly as many gains in the AI chip sector as rival US chip ...
The AMD job cuts will affect 4% of its workforce and help the company finance its push further into the AI chip market.
Zoho CEO Sridhar Vembu critiqued Intel's decline, attributing it to prioritizing short-term profits over employee well-being.
$AMD has confirmed to Wccftech that it’s laying off around 4% of its global workforce (about 1,000 employees) to align ...
Advanced Micro Devices (AMD) is laying off 4% of its global workforce, around 1,000 employees, as it pivots resources to ...
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.