AMD’S DATA CENTER BUSINESS IS BOOMING WHILE GAMING TAKES A BACKSEAT

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.

The Verge reports that 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.

The report adds: 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.

During Tuesday's earnings call, AMD CEO Lisa Su said the company expects "data center segment revenue to more than double year-over-year in 2027," as well.

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