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Advanced Micro Devices Newsroom
AMD will lay off 4% of its employees to compete for a stronger market position in the field of artificial intelligence chips.
An AMD representative stated, "In order to align our resources with the greatest development opportunities, we are taking a series of targeted measures that will result in a reduction of approximately 4% of global employees. We promise to treat affected employees with respect and help them through this transition period."
Nvidia Tops List of Favored S&P 500 Stocks on Expected Sales Growth Through 2026
Will the frenzy of datacenters continue amid the slowdown of AI large model upgrades, Musk's "disruptive effect," and OpenAI's anxieties?
Due to the tight supply of high-quality data and the expensive construction costs of datacenters, the upgrade speed of AI large models is slowing down, which may, in turn, hinder the overall progress of the industry and datacenter development; at the same time, Musk's aggressive investment in datacenter construction may increase the expansion difficulties for other AI companies.
Business News Alert: AMD Cuts Staff
Marvell Soars 30% in Three Months: Should You Hold or Fold the Stock?
Social Buzz: Wallstreetbets Stocks Mostly Higher Pre-Bell Thursday; Intuitive Machines, Rocket Lab USA to Advance
Daily options tracking | Cryptos concept stocks strengthen again before the market opens! MSTR's volatility has been rising for several days; amazon hits a historic high! Call options within the week have doubled their profits.
Claiming to be a "SpaceX competitor," Rocket Lab surged 28% after earnings, with options volume skyrocketing threefold month-on-month to 0.4 million contracts. Call options accounted for 76.5%, among which the call options expiring this Friday with a strike price of $20 were the most active, with a volume exceeding 0.02 million contracts, and several call options saw premiums increase by over 200%.
Better Artificial Intelligence Stock: Nvidia Vs. AMD
TechInsights: AMD (AMD.US) has surpassed intel (INTC.US) in datacenter revenue for the first time.
AMD's success can be attributed to various factors, with the most important being that, apart from nvidia, customers lack other options, and intel's delay in accelerator products has provided AMD with market opportunities.
AMD Plans To Cut 4% Of Workforce Amid Strategic Shift Toward AI Chip Development To Rival Jensen Huang-Led Nvidia's Dominance: Report
Canalys: Global AI PC shipment reached 13.3 million units in the third quarter, market share increased to 20%.
In the third quarter of 2024, the global AI PC shipment reached 13.3 million units, accounting for 20% of the total PC shipment for this quarter.
What signal? Chip giant AMD officially announces layoffs of nearly 1,000 people.
① The global chip manufacturing giant AMD has announced a 4% global workforce reduction, which means nearly 1,000 employees among its 26,000 staff will be laid off. ② The news of this layoff is somewhat surprising, as AMD is currently striving to catch up with the market leader nvidia in the field of ai chips.
Involving 1,000 employees! AMD announced a global layoff of 4%, which also affects the china region.
Make a strong investment in ai chip.
Top 20 in transaction volume | Stock prices hit new highs! Spotify rises over 11%, Rocket Lab soars over 28%.
On Wednesday, microstrategy ranked third in U.S. stock trading volume, closing down 7.91% with a trading volume of 16.134 billion dollars; the crypto trading platform Coinbase ranked seventh, closing down 10.78% with a trading volume of 8.426 billion dollars; AMD ranked eleventh, closing down 3.01% with a trading volume of 4.935 billion dollars.
Hong Kong stocks morning report on November 14: real estate welcomes a large financial and tax package while most china concept stocks declined.
① The USA's CPI in October rose by 2.6% year-on-year, in line with market expectations. ② The three major US stock indexes had mixed results, with most china concept stocks declining. ③ The real estate sector is welcoming a financial and tax boost, with both deed tax and value-added tax decreasing. ④ The newly elected president of the USA, Trump, has nominated several people for important positions. ⑤ The usd hit a one-year high. ⑥ After bitcoin surged past 0.093 million dollars to reach a new high, it subsequently turned downward.
US stocks close: Inflation report eases market concerns, with mixed performances in the three major stock indexes. The Chinese concept stock index fell by 1%.
① Most china concept stocks declined, the nasdaq china golden dragon index fell by 1.09%; ② AMD will cut about 4% of its global workforce; ③ The low-cost aviation spirit airlines is on the verge of bankruptcy; ④ The likelihood of the Federal Reserve cutting interest rates by 25 basis points in the December meeting exceeds 82%.
Advanced Micro Devices Options Spot-On: On November 13th, 553.11K Contracts Were Traded, With 3.34 Million Open Interest
On November 13th ET, $Advanced Micro Devices(AMD.US)$ had active options trading, with a total trading volume of 553.11K options for the day, of which put options accounted for 31.57% of the total
Express News | Advanced Micro Devices Dips Amid Volume Surge, Last Down 3.1%
YieldMax AMD Option Income Strategy ETF Declares $0.814 Dividend
Our Lone Oil-and-gas Stock Strikes 2 Smart Deals — Plus, AMD Sharpens Its AI Focus