AMD’s latest financial results show a remarkable surge in its data center business, with revenue more than doubling to $6.7 billion, up 107% from the previous year. This growth is fueled by the increasing demand for AI capabilities. Meanwhile, gaming revenue has dropped 31% year-over-year to $779 million, impacted by price increases and shortages of key gaming components for products like Xbox Series X/S, PS5, and Steam Deck. Overall, the company’s revenue rose 50% year-over-year to an all-time high of $11.5 billion, with data centers now accounting for 58% of total revenue.
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