AMD’S DATACENTER BUSINESS IS BOOMING WHILE GAMING TAKES A BACKSEAT

AMD revealed in its latest quarterly earnings that the company’s data‑center business has more than doubled from the same period last year, while its gaming segment saw a sharp decline, according to The Verge.

The data‑center segment posted $6.7 billion in revenue, up 107% from the $3.2 billion it earned in Q1 a year ago, and $5.8 billion in the current quarter. In contrast, gaming revenue fell 31% year over year to $779 million, as price hikes and component shortages slowed sales of the Xbox Series X/S, PlayStation 5 and Valve’s Steam Deck. AMD’s total revenue reached a record $11.5 billion, a 50% increase, with the data‑center segment accounting for 58% of the company’s top line.

The surge in data‑center sales reflects growing demand for AI‑related computing power, while the gaming downturn illustrates how supply constraints and pricing pressures are affecting the consumer hardware market.

• Data‑center revenue jumped 107% YoY to $6.7 billion, more than doubling last year’s figure.
• Gaming revenue declined 31% to $779 million, impacted by price hikes and component shortages.
• Overall revenue rose 50% to a record $11.5 billion, with data‑center sales representing 58% of total revenue.

Read the original source for full detail available at The Verge src