Chip maker AMD is laying off 1,000 employees as it pivots towards developing AI chips to compete against rival Nvidia.
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Geek Alliance LLCAs reported by Reuters, the cuts account for 4% of its global workforce. Nvidia shares have soared during the AI boom as its GPUs are harnessed to power the tech, leaving its rival AMD playing catch-up. … [MORE]
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2 Comments
Tough break for AMD, man. Losing 1,000 employees is a big hit, especially when they’re trying to catch up to Nvidia in the AI game. It feels like they’re scrambling to pivot, and while I get that the AI boom is real, I hope they don’t lose sight of their gaming roots. Nvidia’s been killing it with those GPUs, and it’s gonna be a challenge for AMD to step up. Fingers crossed they can find a way to balance both the AI stuff and keep us gamers happy. It’s a wild time in tech for sure!
Tough news for AMD fans. Losing 1,000 employees is a big deal, especially when they’re trying to catch up to Nvidia in the AI game. It’s wild how fast the landscape is changing, and it feels like AMD is scrambling to keep up. I get that they need to pivot and focus on AI chips, but I hope they can pull it off without sacrificing quality. The competition is fierce, and we all want to see some epic advancements in gaming tech. Let’s hope this move pays off in the long run!