AMD's data center revenue surged 107% year-over-year to $6.7 billion in Q2 2026, driven by strong AI demand, with CEO Lisa Su projecting continued doubling of segment revenue in 2027. Meanwhile, gaming revenue dropped 31% to $779 million due to price hikes and component shortages affecting Xbox, PS5, and Steam Deck sales.
Background
AMD is a major semiconductor company competing with NVIDIA in the AI accelerator market and with Intel in data center CPUs. The company's MI300 series GPUs have been gaining traction in AI workloads.
- Source
- The Verge
- Published
- Aug 5, 2026 at 04:57 AM
- Score
- 7.0 / 10