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 developing AI-focused chips. This marks a strategic shift by AMD to challenge Nvidia’s lead in the sector.
Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...
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AMD Hit With LayoffsAMD, the maker of graphics cards for PC as well as Xbox and PlayStation chips, announces that it's laying off some of its ...
According to a new leak, AMD is readying four RDNA 4 laptop graphics cards, and the top GPU might rival Nvidia's flagship in ...
AMD announced on Wednesday that it will reduce its global workforce by 4%, marking a strategic move to focus more on the ...
AMD, a Santa Clara-based chipmaker, said on Wednesday that it will lay off 4% of its staff around the world, as the longtime ...
On TipRanks, AMD comes in as a Strong Buy based on 26 Buys, seven Holds, and zero Sell ratings assigned by Wall Street ...
Additionally, Nvidia's stock is technically cheaper than AMD's. While not inexpensive, Nvidia's shares have a ...
We advises selling AMD stock due to underperformance and risks from trade wars and geopolitical tensions. Read a detailed ...
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