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."
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.
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