AMD’s datacenter business is booming while gaming takes a backseat
Summary
AMD's latest earnings report highlights a booming data center business, with revenue more than doubling year-over-year to reach $6.7 billion due to high demand for AI capacity. In contrast, the company's gaming revenue dropped 31 percent to $779 million, affected by slowed sales for major gaming consoles and hardware. Overall, record quarterly revenue of $11.5 billion was achieved, supported by strong performance in the Data Center segment and increased Ryzen processor sales.
(Source:The Verge)