AMD's gaming hardware sales, including Radeon GPUs and console chips, dropped 59% year-over-year.
AMD has reported its Q2 2024 financial results, and they present an interesting narrative of successes and challenges. The company’s gaming hardware , however, is continuing to experience a substantial decline.
Recommended Videos AMD attributes the drop “primarily due to a decrease in semi-custom revenue.” The fall in gaming revenue underscores the shifting dynamics and consumer preferences in the gaming hardware market too. On the other hand, AMD’s AI data center sales were a significant highlight, contributing $1 billion in revenue. This surge underscores the company’s strategic pivot toward artificial intelligence, which seems to be paying off handsomely. The data center segment also demonstrated robust growth, with revenue climbing 93%. The demand for AMD’s EPYC processors continues to rise, driven by their competitive performance and efficiency in handling data-intensive tasks.
Sales of AMD’s PC processors also saw an uptick of 49%, reaching $1.5 billion which is noteworthy as it predominantly involves Zen 4 and earlier CPUs. This indicates a strong demand ahead of the Zen 5 launch. AMD is going to launch its new lineup of Ryzen 9000 desktop CPUs next month.
AMD AMD Market Share Gaming Hardware Nvidia PC Gaming
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