Games consoles now deliver fully one quarter of AMD's revenues

pcgamer.com:

The traditional view has always been that games consoles were a useful but relatively petite contribution to AMD's overall revenues. Turns out that's not entirely true. In fact, Sony's PS5 alone represented fully 16% of AMD's revenues in 2022 and likely a quarter of revenues came from Sony and Microsoft consoles combined.

That's according to an official AMD filing(opens in new tab) (via Tom's Hardware(opens in new tab)). «One customer accounted for 16% of our consolidated net revenue for the year ended December 31, 2022. Sales to this customer consisted of sales of products from our Gaming segment,» the filing revealed.

That customer can only really be Sony and the PS5(opens in new tab), which comfortably outsells the Xbox Series consoles. Of course, AMD wasn't just responsible for the PS5's APU, it also created the chips for both Microsoft's Series X and S consoles(opens in new tab).

Estimates of overall volumes to date for both consoles put Sony's PS5 roughly in the 30 million to 32 million range, with the MS Series consoles on a little over 20 million. 

AMD hasn't detailed revenues specifically for Microsoft consoles, but based on those numbers, if 30 odd million console chips is 16% of AMD's business, another 20 odd million will be roughly 10% and combined you're looking at in the region of 25% of AMD's revenues comes from those gaming consoles. Throw in the Steam Deck, also packing a chip from the red team's semi-custom silicon division, and that's maybe a conservative estimate.

AMD's gaming revenue overall, including both console chips and GPUs for PCs, was down 7% in 2022. We know that PC GPU sales fell dramatically last year(opens in new tab), so the relatively modest 7% decline overall reflects those strong