Advanced Micro Devices said Wednesday roughly 4% of approximately 26,000 employees worldwide will be laid off. About 1,000 ...
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Advanced Micro Devices shares are trading higher Monday after the company and IBM announced plans to deploy AMD instinct MI300X accelerators on the IBM cloud.
They innovatively took multiple micro CPUs to work as a team for superior computing ... AMD would discontinue Xilinx ...
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The layoffs would affect about 1,040 employees and are part of a shift in AMD’s broader business strategy.
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Advanced Micro Devices AMD-2.84%decrease; red down pointing triangle is reducing its global workforce by 4% after reporting that most of the growth it sees comes from its AI chips and other ...