AMD Data Center Revenue Doubles as Gaming Slumps
AMD reported a record $11.5 billion in quarterly revenue, fueled by a 107 percent surge in data center sales. While artificial intelligence infrastructure demand is reshaping the company’s financial trajectory, the hardware division faces a stark reality as gaming revenue dropped 31 percent compared to the previous year.
The company’s data center segment reached $6.7 billion, up from $5.8 billion in the first quarter. This growth now accounts for 58 percent of total revenue, signaling a definitive shift in the firm’s reliance on high-performance computing over consumer hardware. CFO Jean Hu confirmed the record-breaking performance, citing the segment as the primary engine behind the company’s 50 percent year-over-year revenue increase.
Conversely, the gaming sector generated only $779 million. This decline stems from cooling demand for consoles like the PlayStation 5 and Xbox Series X / S, compounded by lingering supply constraints and pricing pressure. Despite these losses, CEO Lisa Su maintains that the company is positioned to capture broader compute demand. Growth in the Client segment, bolstered by a 23 percent rise in Ryzen processor sales, provided a necessary cushion to offset the gaming division's contraction.
Comments (0)
No comments yet. Be the first!