AMD’s datacenter business is booming while gaming takes a backseat
Driven by demand for AI capacity, AMD's data center revenue more than doubled year-over-year in its latest earnings report, reaching $6.7 billion. That's up from $5.8 billion in Q1, and jumping 107 percent from the $3.2 billion it reported for the same period a year ago. At the same time, AMD's gaming revenue fell 31 percent compared to last year, to $779 million, as price hikes and component shortages slowed sales for the Xbox Series X / S, PS5, and Valve's Steam Deck. "Reven
Get smart on it
AMD's data center revenue more than doubled year-over-year to $6.7 billion, driven by demand for AI computing capacity. This growth now represents 58 percent of the company's total revenue, while gaming revenue fell 31 percent due to price hikes and component shortages affecting gaming console and handheld device sales. The shift reflects how AI demand is reshaping technology company priorities and revenue streams across the industry.
Related news
An Amazon data center could have the worst polluting power plant in the country
To power its new West Texas data center, Amazon is investing in the construction of a new power plant that could be one of the largest single producers of greenhouse gases in the US, according to the New York Times. The new gas-burning plant in Pecos County, Texas has received significant investment from Amazon and, at least initially, would not be connected to the state's power grid. Instead, its 35 natural-gas turbines would primarily deliver its 7.65 gigawatts of electricity
Do Data Centers Really Drive Up Local Temperatures?
Do data centers raise local temperatures? Explore their impact, causes of heat islands, and solutions to minimize environmental effects.
