Intel Missed Out on PlayStation 6 Chip Deal to AMD: Report

Quick Summary:

In 2022, Intel Corp (NASDAQ:INTC) lost out to Advanced Micro Devices (NASDAQ:AMD), a multiyear Sony Group Corp (NYSE:SONY) PlayStation 6 chip deal, according to a Reuters exclusive report.

Intel fell out with Sony by failing to quote an appropriate selling price per chip after factoring in its profit share per chip sold to the PlayStation maker, the sources told Reuters.

The sources told Reuters that tapping Intel would have posed backward compatibility issues, entailing higher costs and engineering resources, as AMD made the PlayStation 5 chip.

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United StatesIsraelTaiwan

Topics: Benzinga TSM News BZ Data Project Top Stories Tech US67066G1040 US4581401001 Media US8740391003 Briefs US0079031078 MBLY AMD INTC Stories That Matter Stock Battles NVDA SONY

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-16 @ 22:05:52 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 343 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22546600

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Official Website: benzinga.com

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