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.
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The long-running rumor is that Nvidia will be working with MediaTek to produce these Arm-based chips. The latter's rival, ...
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 ...
According to a new leak, AMD is readying four RDNA 4 laptop graphics cards, and the top GPU might rival Nvidia's flagship in ...
Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards ...
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We advises selling AMD stock due to underperformance and risks from trade wars and geopolitical tensions. Read a detailed ...
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