AMD’s fiscal results show GPU sales are down and AI PCs are hugely important – here’s what that means for the future of computing

AMD just announced its Q1 2024 earnings with some turbulent news on the GPU front – as well as a clear focus on AI PCs when it comes to the Ryzen CPU side of the equation.

The First quarter results its gaming division saw revenue drop precipitously to $922 million, which is down 48% from the same quarter last year – and down 33% from the previous quarter, thanks to a β€œdecline in semi-custom revenue and lower AMD revenue β€œRadeon GPU Sales.”