As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps. We are committed to treating impacted employees with respect and helping them through this transition.
Our next-gen MI350-series silicon is looking very good, and is on track to launch in the second half of 2025, with the largest generational increase in AI performance we have ever delivered.
AMD's gaming division saw a 69% year-over-year decline, and guidance for the current quarter missed analysts' expectations.
AMD has struggled to make progress in AI chip sales against rival Nvidia due to a lack of inventory, with estimates of 224,000 GPU shipments this year.
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