AMD has report its Q2 2024 financial result , and they demonstrate an interesting narration of successes and challenge . The troupe ’s gaming computer hardware , however , is continuing to receive a substantial declivity .
Despite an overall 9 % yr - over - year revenue gain for AMD , the gaming graphics division plump by a staggering 59 % in the 2d quarter of 2024 , a clear index number of the difficulties the troupe is encountering in this extremely competitive market place .
AMD attribute the free fall “ primarily due to a decrease in semi - custom receipts . ” The fall in play gross underscores the shifting dynamics and consumer preferences in the gaming hardware market too .
Despite launching several raw products aimed at gamers , admit the powerfulRX 7900 XTX , AMD has struggle to capture the market plowshare needed to boost its play section revenue . The lack of traction can be attributed to the superscript carrying into action and established reputation of Nvidia ’s offerings , which continue to attract the majority of gamers attempt high - last graphics solutions .
On the other mitt , AMD ’s AI information center sales were a significant highlighting , contribute $ 1 billion in tax income . This rush underscores the company ’s strategic pivot man toward contrived intelligence , which seems to be paying off handsomely . The data shopping center segment also demonstrated robust growth , with tax revenue climb 93 % . The requirement for AMD ’s EPYC processors keep to rise , drive by their competitory performance and efficiency in handle data - intensive tasks .
This segment ’s functioning spotlight AMD ’s growing footprint in the datum heart and soul food market , a decisive expanse as enterprises and swarm service supplier flesh out their substructure to meet the increasing demand for data point processing and depot .
Sales of AMD ’s microcomputer processor also saw an uptick of 49 % , turn over $ 1.5 billion which is noteworthy as it preponderantly involves Zen 4 and other CPUs . This indicates a strong requirement in front of the Zen 5 launch . AMD is going to establish its new card of Ryzen 9000 background CPUs next calendar month .
The processors were in the beginning meant to go on cut-rate sale July 31 ; however , due to character issuesthe company has exchange 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 .
Despite the challenge in the gaming sector , AMD ’s overall fiscal wellness seems to remain robust . The company ’s strategic focus on AI and data point centers has provided a fender against the volatility in the gaming market .
The 9 % year - over - year taxation growth is a strong index number of AMD ’s resiliency and power to conform to commute market moral force . The party report a total receipts of $ 6.3 billion for Q2 2024 , showcasing its power to keep up increase despite sector - specific setbacks .
