Making Tech Headlines · Page 8
AMD's Record Quarter Lets the Server Rack Have the Entire Victory Speech
· New York time
AMD reported record quarterly revenue of $13.4 billion as its data center business doubled, even while gaming revenue fell 40 percent. The results put a fast-growing infrastructure business and a struggling gaming segment in the same corporate celebration. The contrast matters because the two businesses serve different kinds of demand. Data centers buy computing equipment for large installations, while gaming revenue is tied to products and markets aimed at players. A company can therefore post a record overall result without every part of its business sharing in the growth. The figures do not establish that AMD has abandoned gaming, or explain every cause of the decline. They do show how powerful the data center side was in this quarter: it grew enough to stand out in a report that also included a steep gaming drop. For investors, the headline number is a record. For gaming enthusiasts, the segment figure is the part more likely to interrupt the applause. The company's balance sheet can accommodate both reactions, even if its celebration has room for only one hero. This quarter, the server rack gets the speech, and the controller waits politely for the next scene.
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