Despite launching several new products aimed at gamers, including the powerful RX 7900 XTX, AMD has struggled to capture the market share needed to boost its gaming segment revenue. The lack of traction can be attributed to the superior performance and established reputation of Nvidia’s offerings, which continue to attract the majority of gamers seeking high-end graphics solutions.
AMD
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.
This segment’s performance highlights AMD’s growing footprint in the data center market, a critical area as enterprises and cloud service providers expand their infrastructure to meet the increasing demand for data processing and storage.
AMD
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.
The processors were originally meant to go on sale July 31; however, due to quality issues the company has changed its plans and will begin selling the Ryzen 7 9700X and Ryzen 5 9600X on August 8, and the Ryzen 9 9900X and Ryzen 9 9950X on August 15.