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 Business46m
Nvidia-Rival AMD to Layoff 1000 Employees, Slashes Global Workforce by 4%
The move by the company has come at a time when it is facing stiff competition from its closest rival, Nvidia, in the AI chip market, particularly in AI training workloads. Nvidia’s shares this year ...
AMD To Lay Off 4% Of Global Workforce As It Focuses On AI Chip Development
AMD is regarded as the closest rival to Nvidia in the lucrative market for chips that form the brains of complex data centers ...
Georgia Tech Chip Design Program Empowers the Apple Workforce of Tomorrow
Apple welcomed Georgia Tech into the New Silicon Initiative program, pairing them with Apple mentors to promote semiconductor ...
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.
THE CHOSUNILBO on MSN2h
Supercomputer Project Delayed: South Korea faces challenges in AI chip race
South Korea’s national supercomputer project is facing delays as the country struggles to secure critical AI chips, a key ...
The US-China tech race is moving from chips to the raw materials they're made of
The US is considering expanding its export limits on AI chips to China and its allies. Experts say the race for AI dominance ...
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
AMD plans to start mass production of its MI325X AI chip in fourth-quarter of 2024, although ramping up production is costly ...
Juniper invests in AI chip startup Recogni, details technical collaboration
Juniper Networks Inc. on Tuesday disclosed that it has invested in Recogni Inc., a startup with an artificial intelligence ...
Trump pledged to gut Biden’s AI rules, as OpenAI eyes landmark infusion
OpenAI’s policy proposal warns that if the U.S. will lose its technological edge to China without investing in artificial ...
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 ...
PC Magazine9h
Major Layoffs Hit AMD, With Up to 1,000 Employees Potentially Impacted
AMD has seen a 69% decline in its gaming division and hasn't made nearly as many gains in the AI chip sector as rival US chip ...