Driven by increasing demand for artificial intelligence capacity, Advanced Micro Devices (AMD) reported a significant boom in its data center business. Revenue has more than doubled year-over-year to $6.7 billion, signaling strong growth and setting new records.

In stark contrast, AMD’s gaming revenue took a hit, falling 31% compared to the previous year, to just $779 million. The company attributes this slowdown to price hikes and component shortages impacting sales of high-end consoles such as the Xbox Series X/S, PS5, and Valve’s Steam Deck.

CEO Lisa Su highlighted that data center revenue is expected to more than double by 2027, positioning AMD well for future growth. However, gaming graphics revenue declined due to industry-wide component costs driving up prices and dampening overall demand.

The company also noted a six percent growth in its overall PC and gaming business revenues, with client revenue increasing by 23% thanks to the successful sales of Ryzen processors. AMD CEO Lisa Su emphasized that AI is driving significant expansion in compute demand across all markets, positioning them well for substantial revenue growth.

For now, it seems CPUs are outshining GPUs in the tech spotlight, as data centers take precedence over gaming consoles.