Lisa Su shows off the 4th Gen Epyc processor.

AMD revenues fall 18% to $5.36B as PC market recovers and AI rises

Advanced Micro Devices reported that revenue in its second quarter was $5.36 billion, down 18% from a year earlier as the client PC market continues to climb back during the economic downturn.

But investors took the report as good news, as AI-related stocks such as AMD, which makes the processors and graphics processing units (GPUs) used in AI machines, are riding on high demand for AI. In after-hours trading, AMD’s stock rose 5% to $123.5 a share. PC market conditions also improved from the previous quarter. As a result, AMD beat expectations for both revenues and net income.

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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.