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, ...
Benzinga.com6h
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 ...
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 ...
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 ...
Yahoo9h
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 ...
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.
Bloomberg L.P.12h
AMD Cutting About 4% of Workforce to Focus Resources on AI Push
Advanced Micro Devices Inc. is shedding about a thousand jobs as part of an effort to refocus on newer markets like ...
Advanced Micro Devices, Inc.: AMD Reports Third Quarter 2024 Financial Results
AMD (NASDAQ:AMD) today announced revenue for the third quarter of 2024 of $6.8 billion, gross margin of 50%, operating income of $724 million, net ...
Jefferies Highlights Advanced Micro Devices, Inc. (AMD)’s Growing AI Momentum, Raises 2024 AI Revenue Guidance to $5 Billion
We recently compiled a list of the 14 AI News Investors Are Paying Attention To. In this article, we are going to take a look ...
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 ...
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 ...
Money Morning1d
Three Stocks: Shopify, Advanced Micro Devices, and NIO
The Chinese electric vehicle manufacturer had been experiencing sideways trading due to investor hesitancy, exacerbated today ...