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AI, AMD and Nvidia
AMD cuts 1,000 jobs to focus on growing AI market as Nvidia leads
AMD cuts workforce by 4%, refocusing on AI chips to compete with Nvidia. With AI chip sales expected to reach $5 billion in 2023.
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.
AMD cuts 1,000 staff to focus on AI chips in battle with Nvidia
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
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 .
Chipmaker giant AMD to cut 1,000 jobs as it battles Nvidia
Computer chipmaker AMD is laying off around 1,000 employees, or around 4% of its workforce, becoming the latest Silicon Valley tech giant to slash expenses. The Santa Clara-based company said it is “aligning our resources with our largest growth opportunities.
2h
on MSN
Better Artificial Intelligence Stock: Nvidia vs. AMD
Additionally, Nvidia's stock is technically cheaper than AMD's. While not inexpensive, Nvidia's shares have a ...
18h
Nvidia Sweeps Benchmarks. AMD Is MIA, Again
Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...
Hosted on MSN
2h
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 ...
1h
AMD Will Lay Off 4% of Its Global Employees to Focus on AI Chips
Advanced Micro Devices (AMD) has announced plans to lay off 4% of its global workforce, impacting roughly 1,000 employees.
2h
AMD To Reduce Global Workforce By 4% Amid AI Focus
As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that will ...
22h
on MSN
Nvidia’s rumored CPU could pack integrated GPU to rival RTX 4070 mobile – should AMD and Intel start to worry now?
Nvidia APU rumored to equal RTX 4070 laptop GPU in performance Laptops are already being made with the APU, including from ...
9h
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.
NBC Washington
18h
AMD to lay off 4% of workforce, or about 1,000 employees
AMD
is the second-biggest producer of graphics processing units, or GPUs, behind
Nvidia
.
AMD
said on Wednesday that it ...
16h
Trump’s Surprise Boost To Nvidia, AI Stocks
Our theme of Internet Infrastructure Stocks which includes companies that sell hardware and software for server processors, ...
Yahoo
7h
Nvidia's Stalker 2 benchmarks suggest it might be CPU limited, but DLSS 3 looks to make a world of difference at 4K
Nvidia
's Stalker 2 benchmark results for RTX 40-series graphics ... Best CPU for gaming: Top chips from Intel and
AMD
.
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