AMD posts highest Q1 result ever — Strong CPU sales, but GPUs and gaming trail behind
Late on Tuesday, AMD announced its financial results for the first quarter of fiscal 2025, posting its highest quarterly revenue ever. The company’s results were driven by sales of expensive client and datacenter CPUs as well as improved sales of Instinct MI300-series AI accelerators. However, the company’s gaming earnings dropped mainly due to the slowdown of console sales. But while the company’s revenues in Q1 set records, AMD warned that the U....