Intel (NASDAQ:INTC) used to be the undisputed leader in chip-making. However, the 2020s have not been so kind.
AMD, the second largest producer of graphics processing units, or GPUs, behind market darling Nvidia, has bet on AI as a ...
Advanced Micro Devices (AMD) has announced plans to lay off 4% of its global workforce, impacting roughly 1,000 employees.
Analysts are optimistic about AMD’s future in the AI space, with predictions that the company’s data center revenue could ...
SK Hynix's retreat followed a poor performance by U.S. chip stocks. Advanced Micro Devices and Micron Technology each fell more than 4% on Wednesday, while AI chip giant Nvidia shed 2%.
Additionally, Nvidia's stock is technically cheaper than AMD's. While not inexpensive, Nvidia's shares have a ...
Chipmaker AMD is laying off 1,000 employees to prioritise AI chip development, signalling a strategic shift in response to ...
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.
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, ...
ALSO SEE: "Jail Is Better": Employee Talks About Toxic Workplace With "No Talking, No Phone" Rule AMD, the second-largest GPU ...
AMD’s stock was down around 3% on Wednesday and is mostly unchanged this year. In contrast, its biggest rival Nvidia’s stock ...
Advanced Micro Devices said Wednesday roughly 4% of approximately 26,000 employees worldwide will be laid off. About 1,000 ...