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AMD, Nvidia and AI
Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters
Advanced Micro Devices, a massive Santa Clara tech company that designs incredibly complex computer chips, is laying off 4% of its staff. The sweeping cut includes at least 129 California workers. AMD finished 2023 with about 26,
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.
AMD cuts 1,000 jobs to focus on growing AI market as Nvidia leads
AMD cuts workforce by 4%, refocusing on AI chips to compete with Nvidia. With AI chip sales expected to reach $5 billion in 2023.
1d
Nvidia Sweeps Benchmarks. AMD Is MIA, Again
Nvidia is still the fastest AI and HPC accelerator across all MLPerf benchmarks; Hopper performance increased by 30% thanks ...
3d
AMD’s next-gen laptop GPU may rival Nvidia’s RTX 5090
According to a new leak, AMD is readying four RDNA 4 laptop graphics cards, and the top GPU might rival Nvidia's flagship in ...
Yahoo
1d
AMD is firing 4% of its global workforce as it realigns in likely pursuit of all those AI dollars
So, the implication is that
AMD
is likely realigning resources for a more concerted assault on
Nvidia
's dominance in the ...
1d
AMD to cut 4% of workforce, impacting around 1,000 employees
AMD announced on Wednesday that it will reduce its global workforce by 4%, marking a strategic move to focus more on the ...
1d
AMD vs INTC vs TSM: Will These Chipmakers Rally as High as NVDA?
On TipRanks, AMD comes in as a Strong Buy based on 26 Buys, seven Holds, and zero Sell ratings assigned by Wall Street ...
1d
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
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.
1d
on MSN
Better Artificial Intelligence Stock: Nvidia vs. AMD
Additionally, Nvidia's stock is technically cheaper than AMD's. While not inexpensive, Nvidia's shares have a ...
7h
Unattractive AMD Chart Pattern And Valuation Still A Sell
We advises selling AMD stock due to underperformance and risks from trade wars and geopolitical tensions. Read a detailed ...
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Related topics
Artificial intelligence
Advanced Micro Devices
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