The workforce is being cut by 4%, after poor sales from its gaming division, which makes AMD Radeon graphics cards, plus PS5 ...

Speaking after the company’s Q3 2024 results were published, CEO Dr. Lisa Su said it was an “incredibly exciting time for AMD ...

AMD had doubled its headcount in recent years to tackle the surge in demand for high-performance processors used in AI data ...

Advanced Micro Devices (AMD) is laying off 4% of its global workforce, around 1,000 employees, as it pivots resources to ...

The rumors were further fueled by Intel CEO Pat Gelsinger and AMD CEO Lisa Su making a joint appearance at the Lenovo Tech ...

As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that will ...

AMD’s struggles in the AI space are apparent. Despite shipping an estimated 224,000 GPUs this year, it hasn’t been enough to keep up with demand from major clients like Microsoft and Meta. NVIDIA, ...

US chip manufacturer AMD is cutting four percent of its global workforce and focusing on the development of AI chips.

Despite the difficulties, AMD is optimistic about its upcoming MI350-series silicon. The next-gen product will launch in the ...

In October 2024, AMD CEO Lisa Su and Intel CEO Pat Gelsinger appeared together at the Lenovo Tech World event. The two tech ...

During AMD's Q3 earnings call, CEO Lisa Su sought to reassure investors about the company’s competitive stance against Nvidia ...

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