AMD’s data center business is booming while gaming takes a backseat

TechCloseTechPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All TechAICloseAIPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All AIBusinessCloseBusinessPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All BusinessAMD’s data center business is booming while gaming takes a backseatThe company’s data center revenue has more than doubled, hitting $6.7 billion. The company’s data center revenue has more than doubled, hitting $6.7 billion. by Stevie BonifieldCloseStevie BonifieldNews WriterPosts from this author will be added to your daily email digest and your homepage feed.FollowFollowSee All by Stevie BonifieldAug 4, 2026, 8:57 PM UTCLinkShareGiftIllustration by Alex Castro / The VergeStevie BonifieldCloseStevie BonifieldPosts from this author will be added to your daily email digest and your homepage feed.FollowFollowSee All by Stevie Bonifield is a news writer covering all things consumer tech. Stevie started out at Laptop Mag writing news and reviews on hardware, gaming, and AI.Driven by demand for AI capacity, AMD’s data center revenue more than doubled year-over-year in its latest earnings report, reaching $6.7 billion. That’s up from $5.8 billion in Q1, and jumping 107 percent from the $3.2 billion it reported for the same period a year ago. During Tuesday’s earnings call, AMD CEO Lisa Su said the company expects “data center segment revenue to more than double year-over-year in 2027,” as well.At the same time, AMD’s gaming revenue fell 31 percent compared to last year, to $779 million, as price hikes and component shortages slowed sales for the Xbox Series X / S, PS5, and Valve’s Steam Deck. On a call after the earnings were released, Su told analysts that, “Gaming graphics revenue also declined year-over-year, as higher industry-wide component costs contributed to higher graphics card prices and weighed on overall demand.”Image: AMD“Revenue increased 50 percent year-over-year to a record $11.5 billion, driven by continued strength in our Data Center business, which represented 58% of company revenue in the quarter,” wrote AMD CFO Jean Hu. Its overall PC and gaming business revenue grew six percent compared to last year, with Client revenue up 23 percent thanks to Ryzen processor sales.“AI is driving a significant expansion in demand for compute across all of our markets, and our leadership portfolio and growing customer visibility position us exceptionally well to capture this expanding opportunity and deliver substantial revenue and earnings growth in the years ahead,” said AMD CEO Lisa Su.Update, August 4th: Added comments from AMD’s earnings call.Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.Stevie BonifieldCloseStevie BonifieldNews WriterPosts from this author will be added to your daily email digest and your homepage feed.FollowFollowSee All by Stevie BonifieldAICloseAIPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All AIAMDCloseAMDPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All AMDBusinessCloseBusinessPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All BusinessNewsCloseNewsPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All NewsTechCloseTechPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All TechMost PopularMost PopularMicrosoft is bringing Xbox 360 games to PCThe next Xbox could play every Xbox game ever madeYou could be taking way better photos on your phoneHow an OpenAI influencer trip backfiredThe studio behind Pokémon struggles to find its voice in Beast of ReincarnationThe Verge DailyA free daily dig