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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AMD Lays Off 1,000 Employees as It Shifts Focus to AI Chips Amid Competition with NvidiaAdvanced Micro Devices (AMD) has emerged as Nvidia’s closest rival in the lucrative market for chips powering complex ...
AMD released benchmarks on Thursday showing that its own Ryzen AI 300 chip destroys Intel's latest Lunar Lake chip in gaming.
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