advanced micro devices news

Advanced Micro Devices to Cut Global Headcount by 4%

Advanced Micro Devices is reducing its global workforce by 4% after reporting that most of the growth it sees comes from its AI chips and other products for data centers. Shares fell 2.2% to $140.44 in midday trading.

UPI News on MSN · 2d

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 workers will lose their jobs.

Money Morning · 3d

Three Stocks: Shopify, Advanced Micro Devices, and NIO

The Chinese electric vehicle manufacturer had been experiencing sideways trading due to investor hesitancy, exacerbated today by the appointment of known "China Hawks" Senator Marco Rubio as Secretary of State and Rep. Mike Waltz as NSA.

The Motley Fool on MSN · 9d

Is Advanced Micro Devices a Millionaire-Maker Stock?

Will Ebiefung has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy.

tom's Hardware on MSN · 1d

AMD is laying off 4 percent of its global workforce as it sharpens focus on AI

AMD on Wednesday said that it would reduce its global workforce by 4% in a bid to focus on its main future growth opportunities. As a result of the decision, the company will have to lay off around 1,

7hon MSN

Advanced Micro Devices, Inc. (AMD) Restructures to Sharpen Focus on AI and Data Center

We recently published a list of 15 Trending AI Stocks on Latest News and Analyst Ratings. In this article, we are going to ...

12h

This Is the Biggest Threat to Nvidia's Artificial Intelligence (AI) Dominance That Virtually No One Is Talking About

Nvidia's operating expansion has been textbook, which includes a monopoly-like share of the graphics processing units (GPUs) ...

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, ...

Benzinga.com2d

AMD Plans To Cut 4% Of Workforce Amid Strategic Shift Toward AI Chip Development To Rival Jensen Huang-Led Nvidia's Dominance: Report

Advanced Micro Devices AMD has reportedly decided to lay off approximately 1,000 employees, representing 4% of its ...

Insiders At Advanced Micro Devices Sold US$7.5m In Stock, Alluding To Potential Weakness

In the last year Advanced Micro Devices insiders didn't buy any company stock. You can see a visual depiction of insider ...

Bloomberg L.P. on MSN2d

AMD Cutting About 4% of Workforce to Focus Resources on AI Push

Advanced Micro Devices Inc. is shedding about a thousand jobs as part of an effort to refocus on newer markets like ...

Morningstar2d

Advanced Micro Devices Inc

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

1don 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 ...

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