AMD’s revenue jumps 38 percent from last year as Q1 data center sales hit $5.8 billion.

Chip race: Microsoft, Meta, Google, and Nvidia battle it out for AI chip supremacy Data center sales are now “the primary driver of our revenue and earnings growth,”according to CEO Lisa Su. AI agents are increasing demands for CPUs, and AMD and Intel’s x86 industry group recentlyannounceda new instruction set,AI Compute Extensions (ACE), to help close the performance gap with GPUs. Its client and gaming revenue grew 23 percent to $3.6 billion despite lower “semi-custom revenue” for devices like game consoles. [Advanced Micro Devices, Inc.] A free daily digest of the news that matters most.