AMD CEO: Cryptocurrency mining and gaming will boost Q3 graphics shipments

Lisa Su, CEO of chip maker Advanced Micro Devices, said in an analyst conference call that enthusiasm for cryptocurrency and gaming will drive demand for the company’s Vega graphics chips in the third quarter.

Overall, Su said AMD expects to post 23 percent better revenues in Q3 compared to the second quarter, which generated $1.22 billion in revenues. Su said that demand will be driven by a variety of things, including AMD’s most competitive processors in a decade in its battle with rival Intel. AMD posted earnings that beat earnings expectations, and it predicted better times to come.

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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.