It appears that AMD’s gaming graphics business is in decline

I hate to say I told you. But back in October, I wondered if AMD would give up on PC gaming graphics chips. Now AMD has released its latest financial results and things are only looking uglier.

For the first quarter of 2024, AMD said its gaming revenues were down as much as 48% compared to the same period in 2023. While some of that decline reflects an inevitable cyclical downturn in gaming console revenues - simply put, the consoles are It has been quiet for a while and sales are starting to stagnate. AMD also admitted that "lower AMD ...