AMD to Cut 4% of Global Workforce as It Focuses on AI Chip Development
The logo of semiconductor company Advanced Micro Devices Inc (AMD) is seen on a graphics processing unit (GPU) chip in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo (Reuters) - Advanced Micro Devices is laying off 4% of its global workforce,
Shares of AMD dropped after its third-quarter earnings call. CEO Lisa Su said that gaining trust in the GPU market takes time ...
AMD CEO Lisa Su confirms next-gen Radeon RX 8000 Series GPUs are coming 'early 2025,' while teasing advanced ray tracing ...
At its Advancing AI event in San Francisco, AMD announced major new chip designs across its portfolio—datacenter, AI, ...
If the central processing unit was the engine of the first age of computing, the graphics processing unit is the next — ...
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Intel's executive VP, Dr. Ann Kelleher, has been awarded the Dr. Lisa Su Women of Innovation Award from GSA, named for AMD's ...
Recently reports have emerged that the Biden administration has proposed a controversial plan to bolster Intel by merging its ...
AMD has made significant strides in AI. Last week, it announced that its first 1-billion parameter large language models are ...
AMD's recently launched Instinct MI300 GPU has quickly become a massive revenue driver for the company, rivaling its entire ...
Financial writer discusses AMD's stock tumbling amid cautious market sentiment, highlighting a potential buying opportunity ...
AMD results for the third quarter 2024 saw its data center segment revenue increase more than 120% year-over-year to a record ...
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.
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