AMD has made some of the best graphics cards in the last few years, and yet its gaming GPU market still appears to be fairly niche when compared to Nvidia’s gigantic share. This sentiment is backed by AMD’s most recent earnings call, which revealed that its gaming revenue is down by a staggering 48% year-over-year.
Recommended Videos As reported by PC Gamer, AMD’s overall gaming revenue in the first quarter of 2024 dropped by 48% compared to the same time period in 2023, and by 33% compared to the previous quarter. Jean Hu, AMD’s CFO, cites a decrease in Radeon GPU sales as one of the reasons why its gaming department is performing so poorly. Even though AMD has the upcoming RDNA 4 lineup coming out this year, it doesn’t seem to expect things to get better.
Seeing the decline in the volume of AMD’s gaming business as a good thing makes sense — AMD knows full well that the real revenue lies in datacenters and in AI. However, for gamers who prefer AMD, this isn’t good news. Chances are that we may not see this kind of success when 2024 comes to a close. RDNA 4, once it comes out — we still don’t know when, but reports estimate the end of the third quarter or the beginning of the fourth — may not make a big enough dent to save AMD’s gaming GPU revenue for the year. The overall gaming segment may fare better, as AMD is also expected to release Zen 5 processors, so it’ll have two new product lines out in 2024.
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Source: NBCNewYork - 🏆 270. / 63 Read more »