Skip to content
Advertisement
When Appliance Fail?

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...

schedule 20:57 visibility 3 views
AMD’s datacenter business is booming while gaming takes a backseat
Source: The Verge

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.

"Revenue increased 50 percent year-over-year to a record $11.5 billion, driven by continued strength in our Data Center business, which represented 58% of company revenue i …

Read the full story at The Verge.

newspaper

Originally published at

The Verge

open_in_new Read Full Article

Related Articles

EA is now a private company
Economy

EA is now a private company

Electronic Arts has officially become a private company. Last September, EA announced that an investor group led by Saudi Arabia's Public Investment Fund (PIF), Silver Lake, and Affinity Partners would be taking the company private in a $55 billion...

The Verge
Up to 20 years in jail for cocoa land repurpose in Ghana
Economy

Up to 20 years in jail for cocoa land repurpose in Ghana

In tonight's edition, Ghana's parliament cracks down on the sale or repurposing of land used to grow the country's most important crop. Also, DR Congo is set to open its largest ever Ebola treatment  facility. And a deeply moving Rwandan movie ramps...

France 24
T-Mobile’s $0-down financing plan bundles taxes and fees
Economy

T-Mobile’s $0-down financing plan bundles taxes and fees

T-Mobile is launching a new financing option that will allow you to pay for a device, taxes, and fees over 36 months. In an update on Tuesday, T-Mobile says its new Equipment Installment Plan (EIP) Flex 36 requires no upfront payment and will come...

The Verge

Read More

Nothing CMF is launching its first open earbuds
Economy

Nothing CMF is launching its first open earbuds

Open earbuds are having a bit of a moment right now, and Nothing is the latest company jumping on the trend. Its budget sub-brand has introduced the CMF Clip Pro, CMF's first open-ear buds that are designed to provide comfort and sound quality for...

The Verge
Your Appliance Broke?
Reliable Repair for