AMD Chair and CEO Dr. Lisa Su has revealed that AMD plans to launch new, “enthusiast-class” Radeon RX 7000 Series graphics cards in the third quarter. No exact models were specified by the engineer and executive, but many are speculating that Su must be talking about the rumored but very plausible Radeon RX 7800 XT and/or Radeon RX 7800 models. Su shared the news during AMD’s Q2 2023 earnings call, which took place yesterday.
Now, turning to our Gaming segment, revenue declined 4% year-over-year to $1.6 billion as higher semi-custom revenue was more than offset by lower gaming graphic sales. Sequentially, segment revenue declined 10%. Semi-custom SoC sales were strong in the quarter as Microsoft and Sony had healthy console demand based on improved retail availability globally, and the launches of new AAA games. In gaming graphics, we expanded our Radeon 7000 GPU series in the second quarter with the launch of our mainstream RX 7600 cards for 1080p gaming. We are on track to further expand our RDNA 3 GPU offerings with the launch of new, enthusiast-class Radeon 7000 series cards in the third quarter.