Intel Missed Out on PlayStation 6 Chip Deal to AMD: Report
Portfolio Pulse from Anusuya Lahiri
Intel lost a multiyear PlayStation 6 chip deal to AMD due to backward compatibility issues and pricing disagreements. This deal could have been worth $30 billion to Intel. AMD's stock has risen 49% in the last year, while Intel's has fallen 48%.
September 16, 2024 | 10:05 pm
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NEGATIVE IMPACT
Intel lost a significant PlayStation 6 chip deal to AMD, which could have been worth $30 billion. This loss highlights Intel's struggles in the competitive chip market.
Intel's failure to secure the PlayStation 6 chip deal with Sony due to compatibility and pricing issues is a significant setback, potentially worth $30 billion. This loss further emphasizes Intel's challenges in the competitive semiconductor market, especially as it has not capitalized on the AI shift.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
AMD secured a multiyear PlayStation 6 chip deal with Sony, boosting its position in the gaming console market. AMD's stock has risen 49% in the last year.
AMD's successful acquisition of the PlayStation 6 chip deal with Sony strengthens its position in the gaming console market. This deal, coupled with AMD's ability to capitalize on the AI trend, has contributed to a 49% increase in its stock price over the last year.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90