AMD optimistic about AI-related performance; gaming business unlikely to improve in short term
In the first quarter of 2024, AMD’s data center and client revenue experienced year-on-year growth rates of over 80%. The company is optimistic that AI will fuel these two businesses to continue to grow. In contrast, AMD’s gaming business saw a significant decline of nearly 50%, with prospects appearing even bleaker. It’s speculated that this could affect the launch of new products.