AMD made over 8 times as much revenue on data centers as it did gaming last quarter
AMD reported record-breaking revenue of $11.5 billion in Q2, with data centers contributing $6.7 billion, doubling last year's figures. In contrast, the company's gaming revenue saw a 31% year-over-year dip, amounting to $779 million. This shift is attributed to strong demand in the AI sector and a decline in sales of custom chips for consoles like the PlayStation 5 and Xbox Series X, alongside broader market factors affecting PC hardware.
- Entities
- Topic: Artificial Intelligence
- Platform: PlayStation 5
- Company: AMD
- Platform: Xbox Series X
- Platform: PC
- Topic: Data Centers
- Topic: Gaming Revenue
- Company: NVIDIA
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