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AMD’s growth in the second half coming from game console chips

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Advanced Micro Devices had mixed results versus expectations for the second quarter ended June 30, but it is predicting solid growth in the third quarter.

The chip maker reported earnings today. Its non-GAAP revenue was $1.02 billion, up 9 percent from $942 million. Analysts expected $957 million. Net loss per share was 5 cents, compared to a loss of 17 cents a share a year ago. Analysts had predicted a loss of 8 cents a share. But help is on the way: sales of chips for game consoles. In the third quarter, AMD expects revenues to grow 18 percent in the third quarter, thanks to growth in semi-custom chip sales. Game consoles are a big part of the semi-custom chip business, and Microsoft is ramping up a new slimmer version of its Xbox One game console (the Xbox One S) for the fall season.

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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.