AMD to cut 4% of global workforce as it focuses on AI chip development
Revenue in AMD's data center segment, which houses its AI graphics processors, jumped more than two-fold in the September ...
AMD to lay off 4% of its global employees; ‘job cuts are part of aligning our resources …,’ says the company
AMD is laying off 4% of its workforce, impacting around 1,000 employees, to streamline operations and focus on the growing AI ...
Outlook Business58m
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 ...