The Radeon RX 8000 Series, a new generation of GPUs from AMD that will leverage the RDNA 4 microarchitecture for what will presumably a marketable leap in gaming performance, is currently on track to launch in early 2025, according to new statements that AMD Chair and CEO Dr. Lisa Su made yesterday as part of a Q3 2024 financial results conference call. Su, who has led AMD since October 2014 and is largely credited as having saved what many considered to be a dying company, didn’t elaborate on how many GPUs red team would be releasing at first but teased that they would deliver a “strong increase” in gaming performance, as well as “significantly higher” performance in the realm of ray tracing. The news comes several weeks after the CTA revealed that NVIDIA founder and CEO Jensen Huang would be delivering a keynote at CES 2025, one that is speculated to include an announcement for GeForce RTX 50 Series “Blackwell” GPUs.
Revenue declined 69% year-over-year to $462 million. Semi-custom sales declined as Microsoft and Sony reduced channel inventory. Sony announced the PS5 Pro with significant increases in graphics and ray tracing performance and AI-driven upscaling, featuring a new AMD semi-custom SoC that extends our multigenerational partnership.
In Gaming Graphics, revenue declined year-over-year as we prepare for a transition to our next-gen Radeon GPUs based on our RDNA 4 architecture. In addition to a strong increase in gaming performance, RDNA 4 delivers significantly higher ray tracing performance and adds new AI capabilities. We are on track to launch the first RDNA 4 GPUs in early 2025.