AMD’s Gaming Revenue Decreases Significantly
AMD’s latest financial report reveals a sharp decline in gaming revenue due to weak sales of the PlayStation 5 and Xbox Series.
Impact on Revenue Forecast
Gaming revenue dropped by 48% in the first 3 months of 2024 compared to the same period last year, leading AMD to lower its forecast for the year.
Future Outlook
AMD anticipates further declines in the upcoming quarters, especially in the second half of the fiscal year.
About the Author
