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Chipmaker AMD cutting 1000 jobs

Fortune on MSN · 20h

AMD cuts 1,000 jobs to focus more on AI chips—and narrow Nvidia’s lead

The chipmaker is trying to grow by cutting jobs.

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 developing AI chips in a bid to compete against industry bellwether Nvidia .

East Bay Times · 17h

AMD cutting almost 1,000 jobs to focus resources on AI push

The move follows other cutbacks among longtime Silicon Valley companies. Cisco Systems Inc. is eliminating more than 6,000 positions, and Intel is cutting about 15% of its workforce of more than

Hosted on MSN22h

AMD Lays Off 1,000 Employees as It Shifts Focus to AI Chips Amid Competition with Nvidia

Advanced Micro Devices (AMD) has emerged as Nvidia’s closest rival in the lucrative market for chips powering complex ...

13hon MSN

AMD claims Ryzen AI 300 blows away Intel in gaming by 75 percent

AMD released benchmarks on Thursday showing that its own Ryzen AI 300 chip destroys Intel's latest Lunar Lake chip in gaming.

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