here’s a breakdown of the key details from the provided text:
* Next-Gen Consoles Expected in 2027: AMD CEO Lisa Su indicated a 2027 timeframe for the next generation of Xbox and PlayStation consoles. This aligns with previous rumors.
* AMD Revenue Decline in 2026: AMD anticipates a “notable double-digit percentage” decline in revenue from its semi-custom chip business (which includes console chips) in 2026. this is expected as the current console generation is aging (launched in 2020).
* Microsoft Exploring Beyond Customary Consoles: Microsoft is working with AMD on “co-engineering silicon across a portfolio of devices,” hinting at potential exploration of options beyond a standard home console, like a portable handheld gaming device.
* Valve’s Steam Machine: Valve’s Steam Machine is still on track for an early 2024 release.
* AMD’s Role: AMD designs the processors for Xbox Series X/S,PlayStation 5,Valve’s Steam Deck,and the upcoming Steam Machine.
In essence, the article suggests a shift in the console landscape, with Microsoft possibly diversifying its gaming hardware offerings and a natural cycle leading to new consoles around 2027, impacting AMD’s current revenue stream in the interim.
