AMD's data center revenue increased significantly, more than doubling year-over-year to $6.7 billion in its latest earnings report. This figure represents a rise from $5.8 billion in the previous quarter and a 107 percent increase from $3.2 billion reported in the same period last year. CEO Lisa Su indicated that the company anticipates data center revenue will continue to grow, expecting it to more than double year-over-year in 2027. Conversely, AMD's gaming revenue decreased by 31 percent year-over-year, totaling $779 million, attributed to price increases and component shortages affecting sales of gaming consoles such as the Xbox Series X/S, PS5, and Valve's Steam Deck.
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AMD Reports Significant Growth in Data Center Revenue Amid Decline in Gaming Revenue
AMD's latest earnings report shows a substantial growth in data center revenue, which reached $6.7 billion, while gaming revenue declined by 31 percent to $779 million. The company expects continued growth in its data center segment in the coming years.
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AMD’s data center business is booming while gaming takes a backseat
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AMD Reports Significant Growth in Data Center Revenue Amid Decline in Gaming Revenue