
According to Reuters, Intel seemingly lost out to AMD in its bid to design and fabricate processors for the upcoming Sony PlayStation 6. According to three insiders talking with the source, Intel and AMD were the two final contenders in the PS6 chip design and fabrication tender.
Intel’s loss was reportedly an excruciating blow to the hopes of its IFS contract manufacturing business (now known as Intel Foundry). The contract, considered worth approximately $30 billion in revenue, will instead feather the nests of rivals AMD and TSMC and their shareholders.