The Verge·3 min read·medium
AMD’s datacenter business is booming while gaming takes a backseat
S
Stevie Bonifield
✦AI Summary
AMD reported record quarterly revenue of $11.5 billion, driven by a 107% surge in data center sales fueled by AI demand. Conversely, the company's gaming division saw a 31% decline due to market saturation and component shortages for major consoles.
Driven by demand for AI capacity, AMD’s data center revenue more than doubled year-over-year in its latest earnings report, reaching $6.7 billion. That’s up from $5.8 billion in Q1, and jumping 107 percent from the $3.2 billion it reported for the same period a year ago.
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