Advanced Micro Devices said Wednesday roughly 4% of approximately 26,000 employees worldwide will be laid off. About 1,000 ...

“Looking forward, we see significant growth opportunities across our data center, client and embedded businesses driven by ...

Speaking after the company’s Q3 2024 results were published, CEO Dr. Lisa Su said it was an “incredibly exciting time for AMD ...

The workforce is being cut by 4%, after poor sales from its gaming division, which makes AMD Radeon graphics cards, plus PS5 ...

As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that will ...

AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many ...

Advanced Micro Devices (AMD) is laying off 4% of its global workforce, around 1,000 employees, as it pivots resources to ...

AMD had doubled its headcount in recent years to tackle the surge in demand for high-performance processors used in AI data ...

Despite the difficulties, AMD is optimistic about its upcoming MI350-series silicon. The next-gen product will launch in the ...

AMD has announced the move at the time when it is facing stiff competition from its closest rival, Nvidia, in the AI chip ...

AMD’s struggles in the AI space are apparent. Despite shipping an estimated 224,000 GPUs this year, it hasn’t been enough to keep up with demand from major clients like Microsoft and Meta. NVIDIA, ...

Advanced Micro Devices (AMD) has announced a reduction of its global workforce by 4%. According to a report by CNBC, the ...