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AMD warns gaming revenue will plunge over 20% as memory prices drive up PC hardware costs

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Why This Matters

AMD's warning of a over 20% decline in gaming revenue highlights the ongoing impact of rising memory prices on PC hardware affordability. This development signals potential challenges for the gaming industry and consumers, as increased costs may slow hardware upgrades and gaming adoption. It also underscores the importance for tech companies to navigate supply chain and cost pressures carefully.

Key Takeaways

AMD's first-quarter results were good news for investors. Revenue hit $10.3 billion, up 38% year over year, while the data center segment climbed 57% to $5.8 billion on the back of Epyc CPUs and Instinct GPUs. Client and Gaming also improved, rising 23% to $3.6 billion, with gaming revenue up...Read Entire Article