AMD Merges Client, Gaming Segments After 59% Drop In Gaming Revenue, Aims To Align Reporting With Business Focus - Advanced Micro Devices (NASDAQ:AMD)
1. AMD combines client and gaming segments due to significant gaming revenue decline. 2. Gaming revenue dropped 59% year-over-year to $563 million in Q4 2024. 3. Client segment revenue grew 58% to $2.3 billion in Q4 2024. 4. AMD expects $7.1 billion revenue for Q1 2025, a 30% increase. 5. Cumulative gaming console shipments surpassed 100 million units.