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Nvidia-Rival AMD to Layoff 1000 Employees, Slashes Global Workforce by 4%
The move by the company has come at a time when it is facing stiff competition from its closest rival, Nvidia, in the AI chip market, particularly in AI training workloads.
The Hindu
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AMD to cut 4% of global workforce as it focuses on AI chip development
The company has been investing heavily to develop AI chips which command high selling prices and are in high demand among ...
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