{"id":291550,"date":"2024-11-14T12:51:16","date_gmt":"2024-11-14T11:51:16","guid":{"rendered":"https:\/\/sftarticles.wpenginepowered.com\/es\/?p=343958"},"modified":"2025-07-01T15:44:37","modified_gmt":"2025-07-01T22:44:37","slug":"amd-focuses-on-ai-and-combating-nvidias-expansion-by-laying-off-4-of-its-workers","status":"publish","type":"post","link":"https:\/\/cms-articles.softonic.io\/en\/amd-focuses-on-ai-and-combating-nvidias-expansion-by-laying-off-4-of-its-workers\/","title":{"rendered":"AMD focuses on AI and combating Nvidia's expansion… by laying off 4% of its workers?"},"content":{"rendered":"\n

Focusing on AI and stopping the production of high-end graphics cards, those are the messages given by AMD a month ago to update their current status and their medium-term goal of competing with Nvidia in artificial intelligence and increasing their market share in the gaming GPU sector.<\/p>\n\n\n

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Advanced Micro Devices (AMD) is going to lay off 4% of its global workforce, about 1,000 employees<\/strong>, while directing its resources towards the development of AI-focused chips. This is a strategic shift for AMD to counter Nvidia’s leadership in the sector.<\/p>\n\n\n\n

“As part of aligning our resources with our greatest growth opportunities, we are taking a number of specific actions that will unfortunately result in the reduction of our global workforce by approximately 4%,” reported CRN<\/a> citing an AMD spokesperson.<\/p>\n\n\n\n

“We are committed to treating the affected employees with respect and assisting them in this transition,” added the spokesperson in a message quite empty of meaning. However, it is still unclear which departments will suffer the majority of the layoffs.<\/strong><\/p>\n\n\n\n

AMD lays off 4% of its workforce

[image or embed]<\/a><\/p>— TechCrunch (@techcrunch.com<\/a>) November 13, 2024, 18:15<\/a><\/blockquote>\n\n\n\n

Net profits, business growth, and layoffs: AMD cannot justify this 4% cut<\/h2>\n\n\n\n

The latest layoffs were announced at the same time as the quarterly<\/u><\/a> earnings<\/a> of AMD reflected solid results: a strong increase in revenue, as well as in net profit.<\/strong><\/p>\n\n\n\n

However, in a deeper analysis, the third-quarter results showed both strengths and challenges: while total revenue increased by 18% to $6.8 billion, gaming chip revenue plummeted 69% year-over-year<\/strong>, and embedded chip sales fell 25%.<\/p>\n\n\n\n

In her recent earnings call, AMD CEO Lisa Su emphasized that the data centers and AI business is now fundamental to the company’s future, and expects a 98% growth in this segment for 2024.<\/p>\n\n\n

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Lisa Su attributed the recent revenue increases to orders from customers like Microsoft and Meta, which are now adopting AMD’s MI300X GPUs for internal workloads.<\/p>\n\n\n\n

The tech sector only knows how to lay off, with Intel leading the way, a company that has already eliminated approximately 15,000 positions as part of its restructuring efforts (and cost savings, of course).<\/p>\n","protected":false},"excerpt":{"rendered":"

Focus on AI and stop making high-end graphics cards, those are the messages given by AMD a month ago to update their current status and their medium-term goal of competing with Nvidia in artificial intelligence and increasing their market share in the gaming GPU sector. Advanced Micro Devices (AMD) is going to lay off 4% of its global workforce, about 1,000 employees, while directing its resources towards the development of AI-focused chips. This is a strategic shift for AMD to confront the leadership […]<\/p>\n","protected":false},"author":9265,"featured_media":291560,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","wpcf-pageviews":1},"categories":[1015],"tags":[5827,4793],"usertag":[],"vertical":[],"content-category":[],"class_list":["post-291550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-amd","tag-nvidia"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts\/291550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/users\/9265"}],"replies":[{"embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/comments?post=291550"}],"version-history":[{"count":1,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts\/291550\/revisions"}],"predecessor-version":[{"id":310814,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts\/291550\/revisions\/310814"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/media\/291560"}],"wp:attachment":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/media?parent=291550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/categories?post=291550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/tags?post=291550"},{"taxonomy":"usertag","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/usertag?post=291550"},{"taxonomy":"vertical","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/vertical?post=291550"},{"taxonomy":"content-category","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/content-category?post=291550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}