In a decisive move to bolster its position in the competitive artificial intelligence (AI) sector, Advanced Micro Devices has announced a 4% reduction in its global workforce, equating to approximately 1,000 employees. This strategic realignment underscores the company’s commitment to intensifying its focus on AI chip development, aiming to challenge industry leader Nvidia’s dominance. Strategic […]
Astera Labs, the Santa Clara-based semiconductor powerhouse, is making waves in the tech industry after reporting an outstanding third-quarter earnings performance. The company’s robust financials underscored its pivotal role in the booming artificial intelligence (AI) sector. With demand for high-speed data transfer solutions soaring, Astera Labs’ strategic investments and product innovations have propelled it to […]
