AMD to shed over 1,000 jobs as AI push accelerates
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AMD is reducing its global workforce by 4% as it shifts focus towards artificial intelligence applications. This move is part of aligning resources with growth opportunities.
November 13, 2024 | 6:30 pm
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AMD is cutting 4% of its workforce to focus on AI applications, indicating a strategic shift towards growth in AI sectors.
The workforce reduction is a strategic move to reallocate resources towards AI, a growing sector. This could lead to positive investor sentiment as AMD positions itself in a high-growth market.
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