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AMD Gaming Revenue Plummets 31% as AI Infrastructure Takes Over
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Driven by the tech industry's insatiable hunger for AI infrastructure, this massive 50% year-over-year revenue increase reveals a new reality: AI has completely taken the steering wheel at AMD.
AMD generated a massive $6.7B from its data center business alone, accounting for 58% of all company revenue.
Gaming revenue dropped by 31% compared to last year, pulling in just $779M for the quarter.
To put that into perspective, data center revenue was roughly 8.6 times larger than gaming this past quarter.
AMD supplies the custom chips that sit at the heart of the PlayStation 5, Xbox Series X/S, and Steam Deck.