Kif Leswing / CNBC:

AMD to lay off 4% of workforce, or about 1,000 employees … AMD said on Wednesday that it will lay off 4% of its global staff, as the longtime CPU maker seeks to gain a stronger foothold in the growing artificial intelligence chip space dominated by Nvidia.

Kif Leswing / CNBC:

AMD to lay off 4% of workforce, or about 1,000 employees … AMD said on Wednesday that it will lay off 4% of its global staff, as the longtime CPU maker seeks to gain a stronger foothold in the growing artificial intelligence chip space dominated by Nvidia.

Source: TechMeme
Source Link: http://www.techmeme.com/241113/p38#a241113p38