AMD’s datacenter business is booming while gaming takes a backseat

Driven by request for AI capacity, AMD's information halfway gross much than doubled year-over-year successful its latest net report, reaching $6.7 billion. That's up from $5.8 cardinal successful Q1, and jumping 107 percent from the $3.2 cardinal it reported for the aforesaid play a twelvemonth ago.

At the aforesaid time, AMD's gaming gross fell 31 percent compared to past year, to $779 million, arsenic terms hikes and constituent shortages slowed income for the Xbox Series X / S, PS5, and Valve's Steam Deck.

"Revenue accrued 50 percent year-over-year to a grounds $11.5 billion, driven by continued spot successful our Data Center business, which represented 58% of institution gross one …

Read the afloat communicative astatine The Verge.