AMD’s datacenter business is booming while gaming takes a backseat
AMD's data center revenue has more than doubled year-over-year, reaching $6.7 billion, driven by high demand for AI capacity. In contrast, the company's gaming revenue fell 31 percent to $779 million due to price hikes and component shortages affecting console sales. Overall, AMD's revenue increased 50 percent year-over-year to a record $11.5 billion, with the data center business accounting for 58 percent of the company's revenue. The significant growth in data center revenue has offset the decline in gaming revenue, contributing to AMD's strong earnings report.
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