AMD's gaming revenue nosedives 48%, not expected to recover until 2025 — lack of interest in RDNA 3 coupled with fewer console sales
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Key FactsAMD's Gaming Revenue Plummets 48%, Unlikely Recovery Until 2025 - RDNA 3 Disinterest and Decline in Console Sales
May 1, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: tomshardware.com
Summary created with AI assistance · Source: tomshardware.com
- AMD's gaming revenue dropped by 48% year-over-year in Q1 2024 due to decreased sales of processors for Sony and Microsoft consoles and lower demand for Radeon discrete graphics cards.
- In Q1 2024, AMD's gaming segment earned $922 million, down 48% YoY and 33% QoQ. Predictions suggest a further decline throughout the year before a potential rebound in 2025.
- AMD's main gaming business revolves around SoCs for Microsoft's and Sony's consoles. With declining demand for these products, platform holders have reduced their purchases of AMD processors.
- Anticipation for the Radeon RX 8000-series RDNA 4 GPUs remains uncertain, with expectations of a significant revenue decline in 2024 and doubts about the launch and impact of high-end RDNA 4 chips.
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Ziff Davis May 03 24
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extremetech.com/gaming/amds-q1-earning-report-shows-shocking-48-decline-in-gpu-sales
AMD's gaming revenue nosedives 48%, not expected to recover until 2025 — lack of interest in RDNA 3 coupled with fewer console sales
tomshardware.com/pc-components/gpus/amds-gaming-revenue-nosedives-48-not-expected-to-recover-until-2025
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