LLM, LLM on the wall, who will be laid off first of all?
AMD has confirmed plans to cut approximately four percent of its global workforce - about 1,000 jobs out of a total headcount of roughly 26,000.financial results, which were pretty solid: $771 million in net income on $6.8 billion in revenues – a year-over-year increase of 158 percent and 18 percent, respectively. Despite this, the Epyc house says it is making some cuts so it can focus on key growth areas: Namely AI and the enterprise markets.
The layoffs do follow a tough quarter for AMD's gaming division, which saw revenue drop a staggering 69 percent year-over-year. The culprit? The chip giant attributes this to declining"semi-custom revenue," which in plain terms means the demand for its system-on-chips for things like PlayStation and Xbox consoles has taken quite an ongoing hit.
Compared to Intel, AMD's approach looks more like taking a scalpel to its operations, painful as it is to individuals laid off, whereas Intel's is more akin to putting departments through a wood chipper. AMD argues its cutbacks aren't a sign it's struggling financially. Instead, it's more about refocusing its resources towards higher-margin products, with the move aimed at accelerating its AI and datacenter strategies rather than a broader overhaul, or so we're told.
In regard to where the layoffs might come from within the corporation, AMD was coy with stating which teams it specifically was trimming down, as they went on to say:"We are taking targeted actions across various functions in the company.
Got a modern Nvidia or AMD graphics card? Custom Llamas are only a few commands and a little data prep away
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Intern allegedly messed with ByteDance's LLM training clusterNo losses caused – except the intern's job – says TikTok parent
Read more »
Ayaneo's announced its new AMD Strix Point handheld PC and you can bet CES 2025 is going to be awash with new AMD and Intel optionsJames is a more recent PC gaming convert, often admiring graphics cards, cases, and motherboards from afar. It was not until 2019, after just finishing a degree in law and media, that they decided to throw out the last few years of education, build their PC, and start writing about gaming instead.
Read more »
The Register takes AMD's Ryzen 9800X3D for a spinZen 5 3D V-cache is here at last, and priced at $479 – one for the gamers or multi-purpose desktop chip for all?
Read more »
AMD finally beats Intel in server revenue, but surprise surprise, Nvidia's still miles aheadJacob got his hands on a gaming PC for the first time when he was about 12 years old. He swiftly realised the local PC repair store had ripped him off with his build and vowed never to let another soul build his rig again. With this vow, Jacob the hardware junkie was born.
Read more »
Johns Hopkins study offers new hope for wet AMD patientsA new study from researchers at Wilmer Eye Institute, Johns Hopkins Medicine explains not only why some patients with wet age-related macular degeneration (or 'wet' AMD) fail to have vision improvement with treatment, but also how an experimental drug could be used with existing wet AMD treatments to save vision.
Read more »
Fujitsu, AMD lay groundwork to pair Monaka CPUs with Instinct GPUsBefore you get too excited, Fujitsu's next-gen chips won't ship till 2027
Read more »