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.
Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...
What Happened: AMD is realigning its resources to compete with Nvidia Corporation NVDA in the data center chip market, ...
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
While AMD is unlikely to reach the heights we’ve seen at Nvidia, the stock could see further supportive trends over the ...
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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