Advanced Micro Devices said Wednesday roughly 4% of approximately 26,000 employees worldwide will be laid off. About 1,000 ...

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The layoffs would affect about 1,040 employees and are part of a shift in AMD’s broader business strategy.

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Advanced Micro Devices AMD-2.84%decrease; red down pointing triangle is reducing its global workforce by 4% after reporting that most of the growth it sees comes from its AI chips and other ...

Santa Clara-based Advanced Micro Devices is cutting about 1,000 jobs as part of an effort to refocus on newer markets like AI ...

With shares down by a whopping 32% from their all-time high of $211 in March, Advanced Micro Devices ( AMD 1.97%) is rapidly ...