After Intel, AMD now goes for mass layoffs, fire 4% of all global employees to focus on AI
AMD’s struggles in the AI space are apparent. Despite shipping an estimated 224,000 GPUs this year, it hasn’t been enough to keep up with demand from major clients like Microsoft and Meta. NVIDIA, meanwhile,
The news of the layoffs first popped up on anonymous message boards ... and Nvidia’s dominance in the chip industry is ...
In addition to writing… AMD confirms layoffs, reducing its global workforce by approximately 1,000 employees, or 4%. The ...
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, ...
Intel, one of the world’s leading semiconductor companies, has recently made headlines due to its significant workforce ...
Zoho CEO Sridhar Vembu critiqued Intel's decline, attributing it to prioritizing short-term profits over employee well-being.
Intel has similar issues, including profitability and market share losses to AMD. Intel has faced its own layoffs and ...
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