The move follows other cutbacks among longtime Silicon Valley companies. Cisco Systems Inc. is eliminating more than 6,000 ...

Advanced Micro Devices (AMD) plans to reduce its global workforce by 4% as it aims to strengthen its position in the AI chip market, reported Reuters. This move, which is expected to impact around ...

AMD dropped 3% Wednesday and is below declining 21-, 50- and 200-day moving averages. I’m willing to bet that upside will be ...

Analysts are optimistic about AMD’s future in the AI space, with predictions that the company’s data center revenue could ...

SK Hynix's retreat followed a poor performance by U.S. chip stocks. Advanced Micro Devices and Micron Technology each fell more than 4% on Wednesday, while AI chip giant Nvidia shed 2%.

Revenue in AMD's data center segment, which houses its AI graphics processors, jumped more than two-fold in the September quarter. On the other hand, the personal computer segment grew 29%, while ...

Advanced Micro Devices, Inc. (AMD), a leading semiconductor manufacturer, has announced the elimination of approximately 1,000 jobs, representing a 4% reduction in its global workforce. This strategic ...

AMD has been pouring resources into artificial intelligence processors — a market dominated by Nvidia Corp — and is pushing ...

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, ...

Computer chipmaker AMD is laying off around 1,000 employees, or around 4% of its workforce, becoming the latest Silicon ...

Advanced Micro Devices AMD has reportedly decided to lay off approximately 1,000 employees, representing 4% of its global ...

Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards ...