AMD plans to lay off 4% of its workforce, about 1,000 employees, as part of its strategy to strengthen its position in the AI ...
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.
A new report reveals unit share increases for AMD CPUs across the board, with strong increases in desktop and server chips.
AMD says out that its server CPUs "are deployed at scale to power many of the most important services, including Office 365, Facebook, Teams, Salesforce, SAP, Zoom, Uber, Netflix and many more." ...