AMD posts record revenue as data center sales double, but gaming takes a backseat

AMD's data center revenue more than doubled year-over-year to $6.7 billion, driven by AI demand, while gaming revenue declined. The company reported record overall revenue but stock fell on outlook.

• AMD’s datacenter business is booming while gaming takes a backseat
• AMD's revenue climbs 50% and data center sales doubled, but the stock is down
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• AMD posted record revenue as data center sales more than doubled year over year