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The layoffs would affect about 1,040 employees and are part of a shift in AMD’s broader business strategy.

Investors with a lot of money to spend have taken a bearish stance on Advanced Micro Devices AMD. And retail traders should know. We noticed this today when the trades showed up on publicly available ...

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Advanced Micro Devices AMD-2.84%decrease; red down pointing triangle is reducing its global workforce by 4% after reporting that most of the growth it sees comes from its AI chips and other ...