The GPUs and laptops are no longer flying off the shelves.
The company did see growth in a few areas. While the market for gaming GPUs isn’t as hot as it was back when, AMD says its gaming segment was up by 14 percent, or $1.6 billion, thanks to “higher semi-custom product sales.” That’s likely a reference to the chips powering consoles like the PlayStation 5, Xbox Series S and X, and Steam Deck.
AMD is slated to announce a new generation of those processors on November 10th and is also slated to announce a new architecture for its GPUs on the 3rd. According to AMD’s CEO Lisa Su, who spoke on the company’s earnings call, the company is also betting on lots of people buying consoles as we head into the holiday season.
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