Intel’s attempts to win the contract for designing and manufacturing the PlayStation 6 chip were ultimately unsuccessful. Despite extensive discussions with Sony, Intel lost to AMD due to disagreements over pricing and concerns about backward compatibility with previous PlayStation models. Winning the contract would have brought billions in revenue and bolstered Intel’s struggling foundry business.

Could Intel’s loss in the console chip market hurt its plans for future contracts?

For more details, read the full article on reuters.com.
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