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AMD Plans To Cut 4% Of Workforce Amid Strategic Shift Toward AI Chip Development To Rival Jensen Huang-Led Nvidia's Dominance: Report
Wednesday, November 13, 2024 - 11:23pm | 556Read More...Advanced Micro Devices (NASDAQ:AMD) has reportedly decided to lay off approximately 1,000 employees, representing 4% of its global workforce. What Happened: AMD is realigning its resources to compete with Nvidia Corporation (NASDAQ:NVDA) in the data center chip market, reported Reuters....
