AMD’s data center business is booming while gaming takes a backseat

Posts from this topic will be added to your daily email digest and your homepage feed. Posts from this topic will be added to your daily email digest and your homepage feed. Posts from this topic will be added to your daily email digest and your homepage feed. The company’s data center revenue has more than doubled, hitting $6.7 billion. The company’s data center revenue has more than doubled, hitting $6.7 billion. Posts from this author will be added to your daily email digest and your homepage feed. Posts from this author will be added to your daily email digest and your homepage feed. 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. During Tuesday’s earnings call, AMD CEO Lisa Su said the company expects “data center segment revenue to more than double year-over-year in 2027,” as well. 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