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AMD's gaming revenue declined sharply amid slowing demand for console processors, and a lack of interest in Radeon GPUs. Overall revenues plunged 48% year over year and aren't expected to recover until 2025 at earliest.
AMD's first quarter earnings report fails to impress with the stock losing all gains made during the year in aftermarket trading.
Reports indicate that MSI is slowly pulling away from making graphics cards for AMD.
AMD's cancelled high-end Navi 4X GPUs were expected to have 50% more shader engines than Navi 31, would've been a high-end Radeon GPU beast.
Team Red seemingly taking a back seat, especially given current stock levels