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AMD confirms it's cutting 4% of its global workforce
(www.theregister.com)
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this post was submitted on 14 Nov 2024
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Did not expect AMD to engage in layoffs with them doing so well.
9000 series was a total flop before the x3D, and their GPUs can’t compete at all. They are also missing out on a lot of the AI boom with many models being locked to NVIDIA hardware.
Their are still gaining market share in the their core CPU business. They are doing particularly well in server where you have the highest margins. While are nowhere near Nvidia in AI Computer hardware, I believe they are still seeing massive YoY growth in this space.
Agreed regarding consumer GPUs, I don't think I've seen Radeon having such a weak position in dGPUs in the last ~25 years. But even there, there is lot's of money in iGPUs where they have a solid position verses intel.
Sure Intel is doing poorly, but AMDs 9000 series was one of the worst selling launches in of new CPU in recent memory. They started slashing prices on them in record time.
There was also huge criticism from reviewers that the performance increase over 7000 series didn’t match what their marketing team had promised. Probably time to let some of those sales and marketing people go.