AMD to cut 4% of workforce to prioritize AI chip expansion and rival Nvidia
Advanced Micro Devices (AMD) is laying off 4% of its global workforce, around 1,000 employees, as it pivots resources to developing AI-focused chips. This marks a strategic shift by AMD to challenge Nvidia’s lead in the sector.
Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...
Nvidia finished fiscal 2024 with $1.19 per share in earnings. The following chart shows us that its bottom line could hit $4.84 per share by fiscal 2027, translating into a compound annual growth rate ...
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AMD Hit With LayoffsAMD, the maker of graphics cards for PC as well as Xbox and PlayStation chips, announces that it's laying off some of its ...
We advises selling AMD stock due to underperformance and risks from trade wars and geopolitical tensions. Read a detailed ...
According to a new leak, AMD is readying four RDNA 4 laptop graphics cards, and the top GPU might rival Nvidia's flagship in ...
So, the implication is that AMD is likely realigning resources for a more concerted assault on Nvidia's dominance in the ...
Additionally, Nvidia's stock is technically cheaper than AMD's. While not inexpensive, Nvidia's shares have a ...
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