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AMD lays off 1,000 employees, or 4% of global Workforce, in a bid to compete with Nvidia in AI chip market

AMD announced on Wednesday that it would lay off 4% of its global workforce as the longtime chipmaker sharpened its focus on the fast-growing artificial intelligence chip market, which remains dominated by rival Nvidia. The layoff announcement comes just a
The post AMD lays off 1,000 employees, or 4% of global Workforce, in a bid to compete with Nvidia in AI chip market first appeared on Tech Startups.

AMD announced on Wednesday that it would lay off 4% of its global workforce as the longtime chipmaker sharpened its focus on the fast-growing artificial intelligence chip market, which remains dominated by rival Nvidia. The layoff announcement comes just a […]

The post AMD lays off 1,000 employees, or 4% of global Workforce, in a bid to compete with Nvidia in AI chip market first appeared on Tech Startups.

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