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Tom’s Hardware
Tom’s Hardware
Technology
Anton Shilov

AMD's gaming revenue falls 59%, but the company posts a 115% data center revenue increase

AMD Microsoft Sony
AMD.

Sales of AMD's gaming hardware dropped a whopping 59% in the second quarter of 2024 as shipments of its processors for Microsoft's Xbox and Sony's PlayStation game consoles declined. Nonetheless, record sales of data center products and massively increased sales of processors for client PCs more than offset declined gaming hardware shipments. 

AMD's revenue for the second quarter of 2024 totaled $5.835 billion, up 9% year over year and 7% quarter over quarter. The company's net income reached $1.126 billion, and its gross margin increased to 53%.

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