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.

Advanced Micro Devices said Wednesday roughly 4% of approximately 26,000 employees worldwide will be laid off. About 1,000 ...

Barron’s has reached out to AMD for comment. Shares of AMD were down 2.1% Wednesday to $140.66, while the Nasdaq was up 0.4%.

AMD announced on Wednesday that it will reduce its global workforce by 4%, marking a strategic move to focus more on the ...

The company has said AI represents one of its largest growth opportunities. AMD stock is down 5% in 2024 while Nvidia shares ...

AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many ...

AMD confirmed to CRN that it’s laying off roughly 4 percent of its workforce to focus on its ‘largest growth opportunities,’ ...

The Ryzen 7 9800X3D sold out everywhere shortly after its launch, but Newegg might restock the new gaming hotshot later this ...

This outlook has weighed on AMD’s stock, which has declined by 13.6% since the earnings release. An AMD spokesperson ...

The chipmaker has delivered solid gains in the past five years, and a closer look at its prospects indicates more possible ...

Advanced Micro Devices, Inc. is still working to tap into the big AI chip opportunity. Click here to read why AMD stock is a ...

We recently compiled a list of the 15 AI News You Missed This Week. In this article, we are going to take a look at where ...