Intel Loses $30B PlayStation 6 Contract to AMD
Intel Loses $30B PlayStation 6 Contract to AMD
Intel Loses $30B PlayStation 6 Contract to AMD
News summary

Sony's recent announcement of the PS5 Pro has sparked discussions about its next-generation console, the PS6, which is expected to launch around 2028. Despite attempts by Intel to secure the chip manufacturing contract, AMD was chosen due to its ability to ensure backward compatibility, as it already produces chips for the PS4 and PS5. Intel's bid failed due to disagreements over profit margins and potential backward compatibility issues. The PS5 Pro, set for release on November 7, 2024, will feature significant hardware improvements, including a faster GPU and advanced ray tracing capabilities. Sony's strategic choice to stick with AMD aims to maintain a seamless transition for gamers with existing game libraries. This decision could have generated $30 billion in revenue for Intel, underscoring the high stakes involved in the gaming console market.

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