# Q1 2026

AMD Forecasts Over 20% Gaming Revenue Decline Amid Memory Supply Crisis

AMD reports a 38% year-over-year revenue growth to $10.3 billion in Q1 2026, but warns of a more than 20% decline in gaming revenue for the second half due to the memory supply crisis. The company cites higher memory and component costs impacting consumer spending on PC gaming hardware. Despite this, AMD sees strong engagements for next-generation console platforms.