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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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
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