AMD Gaming segment revenue fell 59% from Q2 2023 on weakness in semi-custom chips
In Q2 2024, AMD surpassed expected earnings, primarily driven by robust GPU sales and CPU transactions. However, it’s important to mention that the gaming sector appears to be facing some challenges. AMD’s gaming segment revenue dropped by approximately $648 million or 59% compared to the same period last year, largely due to a decline in semi-custom income.