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AMD to Cut Jobs. Stock Is Dropping.
AMD to Cut Jobs. The Stock Is Dropping.
Advanced Micro Devices
stock
was down Wednesday following a report that said the chipmaking company plans on cutting 4% of its global workforce.
AMD
said on Wednesday that it’s cutting jobs to align its resources with its largest growth opportunities ...
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.
AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity
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, shares of Nvidia are up more than 200%, and it has become one of the top three most valuable publicly-traded companies in the world.
1d
on MSN
Where Will AMD Stock Be in 5 Years?
The chipmaker has delivered solid gains in the past five years, and a closer look at its prospects indicates more possible ...
Business Insider
23h
AMD vs INTC vs TSM: Will These Chipmakers Rally as High as NVDA?
While
AMD
is unlikely to reach the heights we’ve seen at Nvidia, the
stock
could see further supportive trends over the ...
1d
AMD: Lagging AI Growth Shouldn't Last
Advanced Micro Devices, Inc. is still working to tap into the big AI chip opportunity. Click here to read why AMD stock is a ...
6d
on MSN
AMD Stock Falls After Earnings: 3 Reasons to Buy the Stock Right Now
Although there doesn't appear to be a whole lot of excitement surrounding the chipmaker, here's why investors shouldn't ...
Investor's Business Daily on MSN
3h
As AMD Struggles, Bearish Option Trade Could Return 11% In About 5 Weeks
AMD dropped 3% Wednesday and is below declining 21-, 50- and 200-day moving averages. I’m willing to bet that upside will be ...
2d
AMD: Recent Correction Provides New Opportunity
AMD’s recent earnings result showed strong potential for its Data Center business and its AI chips. Read why AMD stock is a ...
7h
on MSN
Better Artificial Intelligence Stock: Nvidia vs. AMD
Plenty of tech companies are all-in on artificial intelligence, but perhaps two of the most prominent players in AI's growth ...
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Advanced Micro Devices
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