AMD is laying off 4% of its workforce, impacting around 1,000 employees, to streamline operations and focus on the growing AI chip market. The company aims to compete more effectively with Nvidia, which currently dominates the sector.
AMD is laying off 4% of its workforce, impacting around 1,000 employees, to streamline operations and focus on the growing AI chip market. The company aims to compete more effectively with Nvidia, which currently dominates the sector.