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AMD to cut 4% of workforce to prioritize AI chip expansion and rival Nvidia

AMD to cut 4% of workforce to prioritize AI chip expansion and rival Nvidia
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However, on a deeper look, the Q3 results showed both strengths and challenges: while total revenue rose by 18% to $6.8 billion, gaming chip revenue plummeted 69% year-over-year, and embedded chip sales dropped 25%.

In its recent earnings…

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https://www.networkworld.com/article/3605016/amd-to-cut-4-of-workforce-to-prioritize-ai-chip-expansion-to-rival-nvidia.html

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