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China Export Controls Whack AMD Datacenter GPU Business

1 month 2 weeks ago

As far as we can tell, the export controls on crippled GPU compute engines announced by the US Department of Commerce back in April have had a disproportionately hard impact on AMD compared to Nvidia, as far as we can tell. …

China Export Controls Whack AMD Datacenter GPU Business was written by Timothy Prickett Morgan at The Next Platform.

Timothy Prickett Morgan

Panasonic To Cut 10,000 Jobs

1 month 2 weeks ago
An anonymous reader shares a report: Panasonic will undertake a major restructuring across a range of its business, including consumer electronics, cutting 10,000 jobs globally, as the Japanese company plans to streamline, spinning out struggling divisions in hopes of reversing its dwindling market share and fending off fierce Chinese competition. Panasonic did not say which businesses it intended to shrink. The company expects to book structural reform costs of roughly $900 million this business year. Panasonic ended the fiscal year

Read more of this story at Slashdot.

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