AMD’s datacenter business is booming while gaming takes a backseat | HappeningNow.news

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

AMD's datacenter business has experienced significant growth, driven by increasing demand for artificial intelligence capacity.

Source The Verge AI Summary Updated 1h 24m ago
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Freshness Fresh Updated 1h 24m ago
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Read time 1 min ~80 words

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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