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AMD beats earnings targets as game console-chip shipments remain strong — but earnings are down big

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

Advanced Micro Devices reported financial results that beat Wall Street earnings targets thanks to strong sales of game console chips.

The chip maker reported a non-GAAP net profit of 2 cents a share on revenue of $1.4 billion, compared with expectations from analysts of break-even earnings and revenue of $1.34 billion. Revenue was up 28 percent from a year ago, and earnings were down dramatically from a year ago, dropping from $45 million last year to $12 million this year.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.