AMD Faces Financial Difficulties: 18% Revenue Decline

Written by Boldson on 03 August 2023. Posted in Hardware

AMD's Q2 2023 report shows an 18% decline in overall revenue compared to last year, pointing towards possible issues in certain market segments.

Despite the decline in revenue, the gaming components sector showed promising results, with total revenue reaching $1.6 billion. This success can likely be attributed to the popularity of portable consoles that utilize AMD chips, like the Asus ROG Ally and Valve's Steam Deck.

It's worth noting that these figures may indicate a potential inefficiency within the company's marketing department, which may have failed to fully capitalize on the potential of AMD's new products.