AMD has confirmed that it will be 4%for layoffs to focus on "large -scale growth opportunities".It is unclear how many employees are affected by layoffs and which departments are affected.According to the companys annual 10-K document, as of last year, AMD had about 26,000 employees.4% is equivalent to about 1,000 employees.
AMD spokesman said: "In order to match our resources with the maximum growth opportunities, we are taking a series of targeted measures. We promise to respect the affected employees,And help them spend the difficulty. "
WCCCFTECH previously reported this news was released after the third quarter financial report.Although AMDs revenue and profits have increased, the companys game department has decreased by 69%year -on -year, and the performance guidance of this quarter has not met the expectations of analysts.
Compared with competitors (NVIDIA), AMD has been struggling in the sales of artificial intelligence chips.Insufficient inventory is one of the reasons-it is estimated that AMDs GPU shipments this year will reach 224,000. Although the number is large, it is not enough to meet the needs of large customers such as Microsoft and Meta.
Although AMD has positioned its product as a good choice for artificial intelligence reasoning (that is, operating models), AMD chips are not as good as NVIDIA in key artificial intelligence training workloads in key artificial intelligence training workloadsproduct.
At the third quarter of the financial report conference call, AMD CEO Su Zifeng (Lisa SU) tried to guarantee to investors that the companys future chips will be with NVIDIA chips.Strong competitiveness.She said: "Our next -generation MI350 series chip looks very good. It is expected to be launched in the second half of 2025. Its artificial intelligence performance will achieve the maximum improvement of unprecedentedly."
This willIt is a difficult battle. According to unanimous estimates, AMDs revenue in 2025 will reach 32.6 billion US dollars, an increase of only 7 billion US dollars.At the same time, it is expected that the quarterly revenue of NVIDIA will reach 33 billion US dollars, which is almost due to the sales of artificial intelligence chips.
AMDs stock price has fallen by about 4%this year.
