Tag: semiconductor firms

Source URL: https://slashdot.org/story/24/11/14/0726238/amd-to-lay-off-4-of-workforce-or-about-1000-employees?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: AMD To Lay Off 4% of Workforce, or About 1,000 Employees Feedly Summary: AI Summary and Description: Yes Summary: AMD’s recent announcement to cut 4% of its global workforce highlights its strategic pivot to compete in the AI chip market, which is currently led by Nvidia. This move underscores…