AMD to lay off 4% of its global employees; ‘job cuts are part of aligning our resources …,’ says the company
AMD is laying off 4% of its workforce, impacting around 1,000 employees, to streamline operations and focus on the growing AI ...
Trending tickers: Tesla, Apple, Nvidia, Spotify and Shopify
US president-elect Donald Trump has selected Tesla CEO Elon Musk to co-lead his newly created department of government efficiency. In a statement released on X, the social media platform owned by Musk ...
Georgia Tech Chip Design Program Empowers the Apple Workforce of Tomorrow
Apple welcomed Georgia Tech into the New Silicon Initiative program, pairing them with Apple mentors to promote semiconductor ...
Observer2h
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 ...
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.
The US-China tech race is moving from chips to the raw materials they're made of
The US is considering expanding its export limits on AI chips to China and its allies. Experts say the race for AI dominance ...
Digi Times5h
Liquid cooling demand set to surge as Nvidia plans next-gen AI chips
With Nvidia planning GB300 after GB200, scheduled for launch in the first quarter of 2025, industry sources believe liquid ...
AI cloud operator CoreWeave closes $650M secondary sale
CoreWeave Inc., the operator of a cloud platform optimized for artificial intelligence workloads, today announced that it has ...
Supreme Court seems likely to allow class action to proceed against tech giant Nvidia
The Supreme Court seems likely to keep alive a class-action lawsuit accusing Nvidia of misleading investors about its ...
Benzinga.com6h
AMD Plans To Cut 4% Of Workforce Amid Strategic Shift Toward AI Chip Development To Rival Jensen Huang-Led Nvidia's Dominance: Report
What Happened: AMD is realigning its resources to compete with Nvidia Corporation NVDA in the data center ... The company has ...
Advanced Micro Devices to lay off roughly 1,000 workers, 4% of global workforce
Advanced Micro Devices said Wednesday roughly 4% of approximately 26,000 employees worldwide will be laid off. About 1,000 ...
AMD to cut 4% of global workforce as it focuses on AI chip development
Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards ...