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AMD's data center business just more than doubled, and gaming is paying the price
['Skye Jacobs']
TechSpot
Bottom line: AMD's latest quarter makes clear where the company's business is shifting: toward data centers and AI workloads.
Data center now accounts for 58% of AMD's total revenue, underscoring how much demand for AI compute is driving the business.
"Revenue increased 50 percent year-over-year to a record $11.5 billion, driven by continued strength in our Data Center business, which represented 58% of company revenue in the quarter," AMD CFO Jean Hu wrote.
That mix puts data center and AI-related compute at the center of AMD's financial results rather than its traditional PC and gaming lines.
The numbers highlight a company that is now more closely tied to data center and AI spending cycles than to consumer hardware trends.