← Back to diffwire
AMD CEO Announces Major Restructuring Amidst Semiconductor Market Shifts
7 articles |
Updated 2h ago |
Created 7h ago
On March 17, the semiconductor giant announced a significant restructuring plan that includes cutting staff while simultaneously reaffirming its strategic focus on high-bandwidth memory (HBM) technology amidst challenging market conditions for AI chips and GPUs; AMD CEO Drago Kovač stated in an interview with Yonhap News Agency earlier today that "we will cut 20% of the workforce" as part of this broader organizational adjustment.
Key Points
-
1AMD CEO Dr. Su has announced a strategic partnership with Samsung Electronics to develop next-generation memory chips.
-
2The collaboration focuses on High Bandwidth Memory (HBM), which is critical for AI and data center applications, aiming to compete more effectively in the semiconductor market.
Developments
[Mar 17]
AMD CEO Dr. Su announced a partnership with Samsung Electronics focused on developing next-generation memory chips (HBM) for AI and data center applications to compete more effectively in the semiconductor market.