AMD is also the second-largest producer of GPUs for gaming, behind Nvidia. Revenue in the segment declined 59% to $563 million. The company’s other small division, embedded chips, reported $923 million in sales, down 13% year-over-year.
AMD reported $482 in net income, or 29 cents per share, for the fourth quarter, down from $667 million, or 41 cents per share in the year-ago period.
AMD reported $3.9 billion in data center sales, which was up 69% on a dear-over-year basis. The company said the increase was due to sales both in its Instinct GPUs and its EPYC CPUs, which compete with Intel’s processors.
However, analysts polled by FactSet were hoping for $4.14 billion in sales during the quarter.