HardwareAMD’s start to 2024: Big gains in client and data center, big falls in gamingWhen you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.

HardwareAMD’s start to 2024: Big gains in client and data center, big falls in gamingWhen you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.

When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.

(Image credit: AMD)

AMD MI300 processor

Reporting on the financial statements from multi-billion dollar companies isn’t our usual fare but when the company in question has a huge impact on the world of PC gaming, it’s worth paying attention to how well things are going. AMD’srevenue and operating income for the first quarter of 2024have been announced and it’s great news for its big processor sectors but not so great for its gaming division.

In terms of financials, AMD organises everything into four primary sectors: data center, client, gaming, and embedded. Every Ryzen processor made earns money for the client sector, whereas sales of Radeon GPUs and custom chips for consoles andhandheld PCsare recorded in gaming.

The PS5 was launched back in November 2020, so the console is past the peak of its sales and while the much-discussedPS5 Prowill probably give AMD a little bit of a boost when that comes out, then gaming will probably continue to see a decline in its fortunes as time goes on. Things will only significantly improve when the next generation of consoles appears. AMD doesn’t have a big enough share of the discrete graphics card market for its Radeon chips to pull in lots of money.

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And lest we all forget, 2024 is theyear of the AI PCand with AMD jammingneural processing units (NPU)into every Ryzen it can, there’s a good chance that the client sector will do a lot better this year. Given that it’s had a rough time of things, and still doesn’t make all that much money, AMD will be hoping that all the major OEM and system builders buy a bucket load of AI-capable Ryzen chips for their forthcoming models.

You might not care one jot about AI but AMD clearly does. In just about every question concerning GPUs in the earnings call, gaming was barely discussed—AI and data center are where all the money is.

Best gaming PC: The top pre-built machines.Best gaming laptop: Great devices for mobile gaming.

Best gaming PC: The top pre-built machines.Best gaming laptop: Great devices for mobile gaming.

Best gaming PC: The top pre-built machines.Best gaming laptop: Great devices for mobile gaming.

Best gaming PC: The top pre-built machines.Best gaming laptop: Great devices for mobile gaming.

Best gaming PCBest gaming laptop

Best gaming PC: The top pre-built machines.Best gaming laptop: Great devices for mobile gaming.

Best gaming PC: The top pre-built machines.Best gaming laptop: Great devices for mobile gaming.

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