AMD is refocusing on AI chips, shedding 4% of its workforce, mainly in sales and marketing for consumer PCs, amid competitive pressure from Nvidia.
The restructuring will help align our resources with growth opportunities in artificial intelligence and data centers, where AMD has been increasingly investing.
Despite the job cuts, AMD continues to hire to ensure that it retains a competitive edge, particularly in the rapidly evolving AI and corporate PC markets.
The layoffs at AMD reflect broader industry trends, as competitors like Cisco and Intel also announce significant workforce reductions as part of their restructuring efforts.
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