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 ...

The workforce is being cut by 4%, after poor sales from its gaming division, which makes AMD Radeon graphics cards, plus PS5 ...

AMD also makes microchips for laptop and desktop computers, as well as servers, competing mostly with Intel (INTC). AMD’s ...

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 ...

Advanced Micro Devices (AMD) is laying off 4% of its global workforce, around 1,000 employees, as it pivots resources to ...

Advanced Micro Devices (AMD) has announced plans to lay off 4% of its global workforce, impacting roughly 1,000 employees.

The news of the layoffs first popped up on anonymous message boards ... and Nvidia’s dominance in the chip industry is ...