AMD is set to reduce its workforce by 4%, translating to approximately 1,000 employees, as part of a strategic move to strengthen its position in the artificial intelligence (AI) chip market, where it ...
The cuts at AMD are part of a wider trend in Silicon Valley, where several major companies are reducing their workforces.
Advanced Micro Devices, or AMD, is laying off 4% of the company in a slash that will hit at least 129 Bay Area workers. The ...
AMD, the maker of graphics cards for PC as well as Xbox and PlayStation chips, announces that it's laying off some of its ...
Despite a strong 29 per cent growth in its personal computer segment, AMD’s gaming division has experienced a sharp 69 per cent year-over-year decline ...
Chegg (CHGG – Research Report), the Technology sector company, was revisited by a Wall Street analyst yesterday. Analyst Jeffrey Silber ...
The workforce is being cut by 4%, after poor sales from its gaming division, which makes AMD Radeon graphics cards, plus PS5 ...
Here's all that's fit to print — digitally that is — in local Bay Area business this Thursday morning in mid-November.
The move follows other cutbacks among longtime Silicon Valley companies. Cisco Systems Inc. is eliminating more than 6,000 ...
The AMD job cuts will affect 4% of its workforce and help the company finance its push further into the AI chip market.
AMD had doubled its headcount in recent years to tackle the surge in demand for high-performance processors used in AI data ...
AMD cuts workforce by 4%, refocusing on AI chips to compete with Nvidia. With AI chip sales expected to reach $5 billion in ...