AMD Q2 2022 Earnings Call + Q&A
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Read More Here: https://www.shacknews.com/article/131668/amd-gaming-segment-revenue-grew-32-in-q2-2022-to-17-billion
AMD dropped its earnings report for Q2 2022 today which showcased impressive growth in a number of areas. In particular, AMD’s gaming segment revenue grew a whopping 32 percent in Q2 2022 to $1.7 billion. The report also includes the note that this area being up 32 percent year-over-year was “driven by higher semi-custom product sales” while “partially offset by a decline in gaming graphics revenue.”
Operating income for AMD’s gaming segment hit $187 million (11 percent of revenue), up from the $175 million (14 percent) posted the year prior. In terms of why the margin itself was lower, the report mentions that this was “primarily due to lower graphics revenue and higher operating expenses.” The gaming segment for AMD includes things like discrete graphics processors and semi-custom game console products.
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