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AMD to Cut Jobs. Stock Is Dropping.
AMD to Cut Jobs. The Stock Is Dropping.
Barron’s has reached out to AMD for comment. Shares of AMD were down 2.1% Wednesday to $140.66, while the Nasdaq was up 0.4%. The stock has dropped 4.54% this year, compared wit
AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity
says it will lay off 4% of its staff, which works out to be about 1,000 jobs based on its headcount of 26,000 employees at the end of last ye
Chipmaker giant AMD to cut 1,000 jobs as it battles Nvidia
Computer chipmaker AMD is laying off around 1,000 employees, or around 4% of its workforce, becoming the latest Silicon Valley tech giant to slash expenses. The Santa Clara-based company said it is “aligning our resources with our largest growth opportunities.
24/7 Wall St
6h
Advanced Micro Devices Inc. (AMD) Price Prediction and Forecast 2025-2030
According to PC Gamer, “The AMD Ryzen 7 7800X3D is simply the best gaming CPU around right now. It’s certainly the best ...
1d
on MSN
Where Will AMD Stock Be in 5 Years?
The chipmaker has delivered solid gains in the past five years, and a closer look at its prospects indicates more possible ...
44m
AMD to Lay Off 4% of Workforce in Strategic Shift Toward AI Chips
Advanced Micro Devices (AMD) revealed on Wednesday that it will be cutting approximately 4% of its global workforce, which ...
Business Insider
1d
AMD vs INTC vs TSM: Will These Chipmakers Rally as High as NVDA?
While
AMD
is unlikely to reach the heights we’ve seen at Nvidia, the
stock
could see further supportive trends over the ...
15h
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.
9h
on MSN
Better Artificial Intelligence Stock: Nvidia vs. AMD
Plenty of tech companies are all-in on artificial intelligence, but perhaps two of the most prominent players in AI's growth ...
CRN
1d
AMD Says It’s Laying Off 4 Percent Of Workforce Amid AI Chip Push
AMD confirmed to CRN that it’s laying off roughly 4 percent of its workforce to focus on its ‘largest growth opportunities,’ ...
1d
AMD lays off 4% of its workforce
AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many ...
1d
AMD: Lagging AI Growth Shouldn't Last
Advanced Micro Devices, Inc. is still working to tap into the big AI chip opportunity. Click here to read why AMD stock is a ...
2d
Is AMD Stock A Buy As Chipmaker Gains Market Share From Intel?
AMD stock has risen on expectations for continued market share gains in processors for PCs and servers. AMD also is an AI ...
Investor's Business Daily on MSN
4h
As AMD Struggles, Bearish Option Trade Could Return 11% In About 5 Weeks
AMD dropped 3% Wednesday and is below declining 21-, 50- and 200-day moving averages. I’m willing to bet that upside will be ...
2d
AMD: Recent Correction Provides New Opportunity
AMD’s recent earnings result showed strong potential for its Data Center business and its AI chips. Read why AMD stock is a ...
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Advanced Micro Devices
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