Lisa Su called AMD a “data center first company” in a Yahoo Finance interview on 5 November, and PC gamers haven’t taken it well.
We are a data center first company, that is our profile and you know, people need more computing to power all these applications.
Lisa Su, AMD chair and CEO
Two days earlier, AMD’s third-quarter results showed why she’d say it. Data Center revenue nearly doubled to a record $8.5 billion, while the gaming business fell 40% to $773 million. AMD puts the gaming drop down to “lower semi-custom and graphics revenue”.
| Q3 2026 segment | Revenue | Year on year |
|---|---|---|
| Data Center | $8.5 billion | +97% |
| Client (PC processors) | $2.9 billion | +7% |
| Gaming | $773 million | −40% |
| Embedded | $1.1 billion | +29% |
| Total | $13.4 billion | +45% |
Su expects data centre revenue to grow another 50% from Q3 to Q4, and AMD forecasts total Q4 revenue of about $17 billion. TheGamer reports that she predicted PC sales will “decline by a double-digit percentage” in 2027. She also sees AI becoming “more and more essential to every aspect of our lives”.
In her answer to Barclays analyst Tom O’Malley on supply, as TheGamer quotes it:
The good part about it is our supply chain is quite fungible across our PC business and our Data Center business. That actually does afford us the ability to move supply around as we see these signals in the market.
Lisa Su, AMD chair and CEO
For Radeon buyers, that line is the uncomfortable one. Supply that can move toward PCs can just as easily move away from them. TechRadar found “a profound sense of disappointment in AMD on social media”, quoting one Redditor: “AMD was a lot of people’s last hope, but looks like PC gaming is over.”
Su was answering a question about AI demand, not announcing a consumer exit, and she didn’t mention any cut to Ryzen or Radeon development. The Client business grew 7% on Ryzen mobile chips, and in June AMD brought back the Ryzen 7 5800X3D at $349. AMD hasn’t outlined its Radeon plans or GPU pricing in these remarks.
Nvidia’s data centre sales keep climbing, and OpenAI’s Sam Altman has called it “quite terrible” that your PC holds RAM instead of a data centre. Memory shortages have already driven up gaming handheld prices.
Su says the market can be “a little bit short-sighted” and that AMD plans three to five years ahead. If her 2027 forecast holds, the PC side of that plan will be a shrinking one, and gamers will be competing with AI servers for the same chips.
