#<p><strong><a href="http://www.techeye.net/wp-content/uploads/2015/05/AMD-Analyst-Day-15_2-e1436258681582.jpg"><img class=" size-full wp-image-158385 alignleft" src="http://www.techeye.net/wp-content/uploads/2015/05/AMD-Analyst-Day-15_2-e1436258681582.jpg" alt="AMD Analyst Day '15_2" width="330" height="220" /></a>Troubled fabless chipmaker</strong> AMD is to lay off 500 people, or five percent of its global workforce.</p>
<p>The outfit is facing weak demand for its chips and is falling behind its rivals Inteland Nvidia it its key markets.</p>
<p>AMD said it expects to take a charge of $42 million, with $41 million of that recorded in the just ended third quarter.… <a href="http://www.techeye.net/business/amd-lays-off-staff" class="read-more">Read the rest</a></p>