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AMD to Cut Jobs. Stock Is Dropping.
AMD to Cut Jobs. The Stock Is Dropping.
Advanced Micro Devices
stock
was down Wednesday following a report that said the chipmaking company plans on cutting 4% of its global workforce.
AMD
said on Wednesday that it’s cutting jobs to align its resources with its largest growth opportunities ...
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, shares of Nvidia are up more than 200%, and it has become one of the top three most valuable publicly-traded companies in the world.
AMD cutting almost 1,000 jobs to focus resources on AI push
The move follows other cutbacks among longtime Silicon Valley companies. Cisco Systems Inc. is eliminating more than 6,000 positions, and Intel is cutting about 15% of its workforce of more than
24/7 Wall St
10h
Advanced Micro Devices Inc. (AMD) Price Prediction and Forecast 2025-2030
According to PC Gamer, “The AMD Ryzen 7 7800X3D is simply the best gaming CPU around right now. It’s certainly the best ...
13h
on MSN
Better Artificial Intelligence Stock: Nvidia vs. AMD
Plenty of tech companies are all-in on artificial intelligence, but perhaps two of the most prominent players in AI's growth ...
Business Insider
1d
AMD vs INTC vs TSM: Will These Chipmakers Rally as High as NVDA?
While
AMD
is unlikely to reach the heights we’ve seen at Nvidia, the
stock
could see further supportive trends over the ...
3h
The New AMD Ryzen 7 9800X3D Is the Best Gaming CPU, and It's Finally Back in Stock at Amazon
The AMD Ryzen 7 9800X3D is the best gaming processor currently on the market and a much better option than the new Intel Core ...
1d
on MSN
Where Will AMD Stock Be in 5 Years?
The chipmaker has delivered solid gains in the past five years, and a closer look at its prospects indicates more possible ...
1d
AMD: Lagging AI Growth Shouldn't Last
Advanced Micro Devices, Inc. is still working to tap into the big AI chip opportunity. Click here to read why AMD stock is a ...
19h
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.
6d
on MSN
AMD Stock Falls After Earnings: 3 Reasons to Buy the Stock Right Now
Although there doesn't appear to be a whole lot of excitement surrounding the chipmaker, here's why investors shouldn't ...
2d
AMD: Recent Correction Provides New Opportunity
AMD’s recent earnings result showed strong potential for its Data Center business and its AI chips. Read why AMD stock is a ...
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