SK Hynix's retreat followed a poor performance by U.S. chip stocks. Advanced Micro Devices and Micron Technology each fell more than 4% on Wednesday, while AI chip giant Nvidia shed 2%.
Advanced Micro Devices, Inc. (AMD), a leading semiconductor manufacturer, has announced the elimination of approximately 1,000 jobs, representing a 4% reduction in its global workforce. This strategic ...
Advanced Micro Devices is reducing its global workforce by 4% after reporting that most of the growth it sees comes from its AI chips and other products for data centers. Shares fell 2.2% to $140.44 ...