If you’re an admirer of AMD’s crimson-hued processors and graphics cards, the latest financial results are promising. The demand for Ryzen and Radeon products has significantly boosted AMD’s revenue, with a reported total of $7.7 billion—an impressive 32% growth compared to the previous year. However, restrictions on exports for its extensive AI processors have led to losses in its data center sector for the first time in half a year.

For a deeper dive into the specifics, check the Q2 financial report summary. You might find it puzzling that AMD’s share prices have decreased following these announcements.

The Client and Gaming Division, which includes all Ryzen CPUs and Radeon GPUs, posted a remarkable 69% revenue increase compared to Q2 2024, earning $2.6 billion in the Client sector and $1.1 billion in Gaming. This growth is attributed to heightened sales of AMD components and a notable resurgence in Dell PCs utilizing Ryzen processors.

While traditionally dominated by Intel, the business PC market seems to be shifting as uncertainties regarding Team Blue have unsettled OEMs and system builders. Concerns surrounding Qualcomm’s Snapdragon processors as potential replacements for x86 chips appear to be diminishing.

Despite a revenue uptick, the data center division’s revenue increment was only 14%, totaling $3.2 billion, overshadowed by a hefty operating loss of $155 million due to export limitations affecting its MI308 data center GPUs, which cost about $800 million in inventory and related charges.

Although the revenue growth is modest when compared to Nvidia’s dominant data center revenues, AMD remains optimistic about future profits, projecting $8.6 billion for Q3. If the firm gains approval to resume selling AI chips to China, it could experience a substantial influx of revenue.