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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.
AI Summary
AMD's datacenter business has experienced significant growth, driven by increasing demand for artificial intelligence capacity. This surge in revenue is evident in the company's latest earnings report, where datacenter revenue more than doubled year-over-year. The substantial increase in datacenter revenue is notable, reaching $6.7 billion in the latest quarter. This figure represents a substantial jump from the same period a year ago, with a 107 percent increase. In contrast, AMD's gaming revenue has seen a decline, falling by 31 percent.
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