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AMD, AI and Nvidia
AMD cuts 1,000 jobs to focus more on AI chips—and narrow Nvidia’s lead
The chipmaker is trying to grow by cutting jobs.
AMD to Cut 4% of Global Workforce as It Focuses on AI Chip Development
The logo of semiconductor company Advanced Micro Devices Inc (AMD) is seen on a graphics processing unit (GPU) chip in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo (Reuters) - Advanced Micro Devices is laying off 4% of its global workforce,
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.
1d
Is Nvidia CEO Jensen Huang The Next Steve Jobs?
Jensen Huang, the CEO of Nvidia, has the same caliber of vision and energy to drive his company to be like Apple, a ...
3h
on MSN
Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters
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 ...
ReadWrite
14h
AMD cuts 1,000 jobs to focus on growing AI market as Nvidia leads
AMD cuts workforce by 4%, refocusing on AI chips to compete with Nvidia. With AI chip sales expected to reach $5 billion in ...
Hosted on MSN
1d
Chipmaker giant AMD to cut 1,000 jobs as it battles Nvidia
AMD’s stock was down around 3% on Wednesday and is mostly unchanged this year. In contrast, its biggest rival
Nvidia
’s ...
Observer
23h
The 12 Executives Behind Nvidia’s Unprecedented A.I. Domination
Kress, another member of Nvidia’s executive staff, was recruited by Huang in 2013. Her tenure at the company has included ...
5d
on MSN
Nvidia CEO says there's 'no question' that we'll all be working alongside AI employees
Nvidia CEO Jensen Huang said there will be AI employees of all kinds in the future, and companies will rent them out to ...
Outlook Business
21h
Nvidia-Rival AMD to Layoff 1000 Employees, Slashes Global Workforce by 4%
AMD has announced the move at the time when it is facing stiff competition from its closest rival, Nvidia, in the AI chip ...
24/7 Wall St
8d
Can Nvidia Stock Double Under a Trump Presidency?
Semiconductor maker Nvidia (NASDAQ:NVDA) is certainly having quite the day in the markets. Shares of the high-performance ...
23h
AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity
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, ...
Techopedia
4d
Nvidia CEO Sees Future Where AI Staff Work Alongside Humans
Nvidia CEO Jensen Huang predicts AI staff will work alongside humans in various sectors, from chip design to marketing, with ...
vg247
2d
The new Nvidia App is a brilliant new unified graphics settings powerhouse - and it’s out now
I can’t believe I’m excited about a PC settings app, but here we are. Nvidia’s new software is an excellent much-needed ...
1d
Jensen Huang says SoftBank's Masayoshi Son once offered to help him buy out Nvidia — but he passed
Nvidia CEO Jensen Huang said he turned down a chance to buy out the chip giant, while SoftBank CEO Masayoshi Son regretted ...
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