AMD's data center revenue hits $6.7B, doubling as AI demand surges
amd reported data center revenue of $6.7 billion, up 107% year-over-year, driven by ai demand. this growth offset a 31% drop in gaming revenue, signaling a strategic shift toward ai infrastructure.
amd's q2 earnings report revealed data center revenue of $6.7 billion, a 107% year-over-year increase, driven by widespread adoption of its ai-focusedInstinct MI300 accelerators. the division now accounts for over half of amd's total revenue, which hit a record $11.5 billion, while gaming revenue declined by 31% to $779 million. ceo lisa su attributed the success to ai-driven demand for compute capacity, positioning amd to capture a larger share of the ai infrastructure market against competitors like nvidia. this shift underscores the industry-wide pivot toward ai hardware, as legacy gaming and client segments contribute less to overall growth.