The AMD job cuts will affect 4% of its workforce and help the company finance its push further into the AI chip market.
The cuts at AMD are part of a wider trend in Silicon Valley, where several major companies are reducing their workforces.
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 ...
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AMD Hit With Layoffs
AMD, the maker of graphics cards for PC as well as Xbox and PlayStation chips, announces that it's laying off some of its ...
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 ...
The workforce is being cut by 4%, after poor sales from its gaming division, which makes AMD Radeon graphics cards, plus PS5 ...
The move follows other cutbacks among longtime Silicon Valley companies. Cisco Systems Inc. is eliminating more than 6,000 ...
AMD also makes microchips for laptop and desktop computers, as well as servers, competing mostly with Intel (INTC). AMD’s ...
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