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AMD, AI
AMD lays off 4% of its workforce
AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many workers have been impacted by the reduction — and which divisions. AMD had roughly 26,000 employees as of last year, according to the company’s annual 10-K filing. Four percent would translate to approximately 1,000.
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 is laying off workers as it focuses on AI
“Looking forward, we see significant growth opportunities across our data center, client and embedded businesses driven by the insatiable demand for more compute,”
AMD
chief executive
Lisa
Su
said in a statement. Earlier that month,
AMD
launched its ...
14d
AMD still has a gap to close with Nvidia's AI chips
Shares of AMD dropped after its third-quarter earnings call. CEO Lisa Su said that gaining trust in the GPU market takes time ...
15h
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
Intel's top scientist wins Lisa Su Award — Dr. Ann Kelleher honored for years of technical prowess
Intel's executive VP, Dr. Ann Kelleher, has been awarded the Dr. Lisa Su Women of Innovation Award from GSA, named for AMD's ...
ExtremeTech
1d
Leak Points to 4 SKUs for AMD Radeon RX 8000 laptop GPUs
Those two NAVI44 GPUs are the R25M-P4 and R25M-P6. Both are 128-bit, 8GB chips, though the wattage is different. It looks ...
1d
Why The Market Doesn't Care About AMD's AI Revenue
Advanced Micro Devices' AI accelerator performance is strong, but struggles to compete with Nvidia in the market and on ...
7d
AMD Launches New CPUs, GPUs And More Across Datacenter, AI And PC
At its Advancing AI event in San Francisco, AMD announced major new chip designs across its portfolio—datacenter, AI, ...
Digi Times
1d
Merger speculation raises questions for Intel, AMD future
Recently reports have emerged that the Biden administration has proposed a controversial plan to bolster Intel by merging its ...
TechNewsWorld
2d
AMD Is Making Great Strides in AI, May End Up Merging With Intel
AMD has made significant strides in AI. Last week, it announced that its first 1-billion parameter large language models are ...
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