➀ AMD is set to lay off 1000 employees, representing 4% of its global workforce, to concentrate on AI ICs; ➁ The company reported a 18% year-over-year revenue increase and a 158% profit increase in Q3 2024; ➂ AMD's data center sales doubled while gaming chips fell by 69% and PC chips rose by 29%; ➃ AMD's latest accelerator chip, MI325X, is expected to start mass production in the current quarter.
Related Articles
- AMD is in talks with the Taiwan government to set up two R&D centers — the chipmaker's investment amounts to $270Mabout 1 year ago
 - AMD Radeon RX 9070 XT Is Finally Available For $599 With A Free Bonusabout 9 hours ago
 - AMD Clears Confusion Over Radeon RX 5000 & 6000 Driver Strategy And It's Good Newsabout 24 hours ago
 - AMD will continue to bring launch-period game optimisations to RDNA and RDNA 2 after all1 day ago
 - Gigabyte B343-C40-AAJ1 Review 10-Node AMD EPYC 4005 Goes High-Density3 days ago
 - Intel Reportedly Eyes Retired TSMC Veteran Wei-Jen Lo to Lead R&D5 days ago
 - TSMC N2X Node Slippage Could Impact AMD Zen 6 Timeline5 days ago
 - AMD Ryzen 5 7500X3D 3D V-Cache CPU Spotted At Retail For Budget Gaming PCs7 days ago
 - China's Ominous Leap in Semiconductor Production9 days ago
 - IBM's boffins run a nifty quantum error-correction algorithm on standard AMD FPGAs, and it is' 10 times faster than what is needed' — research propels IBM's Starling quantum computer project forward10 days ago