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AI, AMD
AMD Says It’s Laying Off 4 Percent Of Workforce Amid AI Chip Push
AMD confirmed to CRN that it’s laying off roughly 4 percent of its workforce to focus on its ‘largest growth opportunities,’ which includes its effort to challenge Nvidia.
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
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.
AMD to lay off 4% of workforce, or about 1,000 employees
The company has said AI represents one of its largest growth opportunities.
AMD
stock
is down 5% in 2024 while Nvidia shares are up 200%, making it the most valuable publicly traded company in the world.
AMD
produces powerful AI accelerators for data ...
12h
on MSN
AMD to Cut Jobs. The Stock Is Dropping.
Barron’s has reached out to AMD for comment. Shares of AMD were down 2.1% Wednesday to $140.66, while the Nasdaq was up 0.4%.
17h
on MSN
Where Will AMD Stock Be in 5 Years?
The chipmaker has delivered solid gains in the past five years, and a closer look at its prospects indicates more possible ...
1d
Is AMD Stock A Buy As Chipmaker Gains Market Share From Intel?
AMD stock has risen on expectations for continued market share gains in processors for PCs and servers. AMD also is an AI ...
1d
AMD: Lagging AI Growth Shouldn't Last
Advanced Micro Devices, Inc. is still working to tap into the big AI chip opportunity. Click here to read why AMD stock is a ...
5d
on MSN
AMD Stock Falls After Earnings: 3 Reasons to Buy the Stock Right Now
Although there doesn't appear to be a whole lot of excitement surrounding the chipmaker, here's why investors shouldn't ...
23d
AMD’s stock stands out from other AI names. What that may say about the market.
For many artificial-intelligence companies, the hot technology has led to a “re-rating” of their stocks — meaning that ...
1d
AMD: Recent Correction Provides New Opportunity
AMD’s recent earnings result showed strong potential for its Data Center business and its AI chips. Read why AMD stock is a ...
1d
AMD and Intel Recently Reported Earnings -- but There Was Only 1 Clear Winner
Growth Stocks Down 34% to 62% to Buy Right Now 2 Ultimate Growth Stocks to Buy With $1,000 Right Now Why Is Everyone Talking ...
1d
Advanced Micro Devices, Inc. (AMD) Launches Versal Premium Series Gen 2 SoC, Optimizing Real-Time Processing for AI, Data Centers, and More
We recently compiled a list of the 15 AI News You Missed This Week. In this article, we are going to take a look at where ...
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