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AMD's Bold Move to Challenge Nvidia in AI Chip Market!
AMD is laying off 4% of its workforce to focus on the booming AI chip sector, a market currently dominated by Nvidia. Despite producing powerful AI chips like the MI300X, AMD’s sales still lag behind Nvidia’s, which controls 80% of the market. With the AI chip market projected to reach $500 billion by 2028, AMD is betting big. Discover what this shift means for AMD and the future of AI technology.
#AMD, #Nvidia, #AIChips, #TechNews, #ArtificialIntelligence, #ChipMarket, #WealthyBusiness, #FinanceNews, #GPUs, #TechInvesting, #AIRevolution, #BusinessUpdate, #StockMarket, #AIIndustry, #DataCenters, #Meta, #Microsoft, #Layoffs, #TechIndustry, #GamingMarket, #AIAccelerators, #Semiconductors, #AIChipMarket, #MarketShare, #FutureOfAI, #WealthManagement
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