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’s struggles to overhaul Nvidia are evident in the price of its shares. While its stock is down 5% in the year to date, ...
Advanced Micro Devices (AMD), Intel (INTC), and Taiwan Semiconductor Manufacturing (TSM) are major players in the ...
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
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The chipmaker has delivered solid gains in the past five years, and a closer look at its prospects indicates more possible ...
AMD is the world’s second-largest manufacturer of graphics processing units, also known as GPUs, which power the vast ...
Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...
AMD’s upcoming Zen 6 “Medusa” desktop processors are likely to continue with the current AM5 socket. This information was ...
Advanced Micro Devices announced its Versal Premium Series Gen 2 chip platform for data center customers doing AI processing and other work.
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