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I am not sure to what you refer too, but you talk about the RDNA 2 generation and 2021-2022 crypto, it was going toward back up (specially versus what it became now):
The graph above need to be look at with the general trend that dGPU sales have been going in units since 2007, achieving to match a previous cycle being a big win (price are up to make up for it, GPU life cycle are just so much longer now).
And one of the reason it did not reach 2017-2018 crypto high sales was being busy shipping tons of RDNA 2 for Xbox and Sony, it is not like RDNA 2 gpu at MSRP were collecting any dust on the shelves, RDNA 3 that followed was extremelly ambitious and costly R&D wise, it was a technical failure that launched just after the moment Etherum stopped.
Or an other way to look at it, AMD gaming revenues 2014 to 2026, the RDNA 2 cycle was really nice for them, I am sure they had energy (and that translate on RDNA 3, chiplet design + full stack ambition)
| year | method | dGPU+gaming SOC | Derivation Formula |
2014 | Estimated | ~$2.52B | 80% of $2.33B EESC ($1.86B) + 30% of $2.20B C&G ($0.66B). PS4/Xbox One ramp year. |
2015 | Estimated | ~$2.22B | 80% of $2.19B EESC ($1.75B) + 26% of $1.80B C&G ($0.47B). Peak 8th-gen console shipments. |
2016 | Estimated | ~$2.43B | 80% of $2.30B EESC ($1.84B) + 30% of $1.97B C&G ($0.59B). Polaris GPU + PS4 Pro/Xbox S launch. |
2017 | Estimated | ~$2.84B | 75% of $2.23B EESC ($1.67B) + 38% of $3.08B C&G ($1.17B). Vega launch & early crypto-mining boom. |
2018 | Estimated | ~$3.11B | 65% of $2.33B EESC ($1.51B) + 38% of $4.21B C&G ($1.60B). Cryptocurrency GPU demand surge. |
2019 | Estimated | ~$2.88B | 55% of $2.35B EESC ($1.29B) + 34% of $4.68B C&G ($1.59B). Late-cycle consoles + RDNA 1 launch. |
2020 | Estimated | ~$4.43B | 70% of $3.23B EESC ($2.26B) + 33% of $6.58B C&G ($2.17B). PS5/Xbox Series X/S launch + RDNA 2. |
2021 | Restated / Est. | $5.61B | Official restated baseline ($3.3B Console SoCs + ~$2.3B Radeon discrete GPUs). |
2022 | Official Actual | $6.81B | 100% Gaming Segment. First official full reporting year. |
2023 | Official Actual | $6.21B | 100% Gaming Segment. Peak console volume cycle. |
2024 | Official Actual | $2.57B | 100% Gaming Segment. Late-cycle console slump + GPU channel clearance. |
2025 | Official Actual | $3.91B | 100% Gaming Segment. Radeon RX 9000 series release + partial console rebound. |
| 2026 (YTD) | Official Actual | ~$1.50B | 100% Gaming Segment ($720M in Q1 + $779M in Q2). |
Crypto help, but gaming consoles were massive has well, something of the magnitude of 2019->2021 for AMD gaming when the GTA 6 followed by the PS7 occur would be hard to pull off without covid-mining, specially if dram stay really expensive, but a nice bump is to be expected, in sales and in how much they spend in that generation knowing in advance sales will be bigger than the in-between consoles gens, having more units to amortize R&D on and pressure from Sony to do so.
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