AMD Sees 2019 as Growth Year, Providing PlayStation 5 Chip a ‘Great Honor’

Advanced Micro Devices, better known as AMD, sees 2019 as a growth year as the provider of the next PlayStation console’s chip and with plenty of other products in the works, CEO Lisa Su told CNBC on Wednesday.

AMD, a provider of graphics cards and processors, celebrated its 50th anniversary on Wednesday, after disclosing a successful Q1 on Tuesday, in which $1.27 billion revenue was generated. For Q2, AMD anticipates $1.52 billion in revenue, which is 13% down from last year, according to CNBC.

“This is a revenue growth year for us,” Su said. ”[We’re] starting out at a lower point in the first quarter, but building up over the next couple of quarters, and we still see tremendous excitement around our products. From that standpoint, that’s where we’re focused.”

Gaming is a long-term area of growth for the company, according to the CEO. Looking ahead, the company has plenty of products in the works– including the aforementioned chip for the next PlayStation, which Sony began teasing last month.

“What we have done with Sony is really architect something for their application, for their special sauce,” Su said. “It’s a great honor for us. We’re really excited about what the next generation PlayStation will do.”

Popular on Variety

As for when the public will get a chance to see what the next PlayStation can do, that won’t happen for a while. It’s not coming in 2019 fiscal year, which means it will be sometime after April 2020.

AMD is also working on Google Stadia, the conglomerate’s upcoming game streaming platform. AMD will power the cloud gaming service’s graphics rendering.

In addition, AMD also has a Ryzen microprocessor for PCs and an Epyc processor for data center planned for release this year, Su told CNBC.

“With all of the data out there and all of the compute needs, it is a great market, and it really appreciates great technology,” she said. “That’s where we differentiate ourselves. [We’re] really focused on high-performance computing.”


More Gaming

  • Activision-Blizzard-Overwatch-League-Grand-Finals-2018

    YouTube Scores Exclusive Streaming for Activision Blizzard's E-Sports, Including Overwatch and Call of Duty Leagues

    YouTube landed a multiyear deal as the exclusive live-streaming partner for Activision Blizzard’s e-sports events worldwide, including Overwatch League, Call of Duty League, Hearthstone Esports. The agreement (which excludes China) promises to give a big boost to YouTube Gaming, the video giant’s dedicated home for all things related to games. It’s also a loss for [...]

  • Conan Unconquered

    Tencent Bids for Control of Funcom 'Conan' Games Developer

    China’s social media and gaming giant Tencent is bidding to buy control of Funcom, developer of the “Conan” and “Dune” games. The bid values the Norwegian company at $148 million. Tencent already owns 29% of Funcom, and its bid has been unanimously approved by Funcom’s board of directors. No management changes are planned. The shares [...]

  • 100 Thieves

    Esports Organization 100 Thieves Unveils New Facility in Los Angeles

    As of Wednesday, popular esports organization 100 Thieves has an official home in Los Angeles. The group unveiled its new 15,000 square-foot facility, officially named the 100 Thieves Cash App Compound, in a media preview with some of its biggest personalities and owner Scooter Braun on hand. Also in attendance was Jack Dorsey, the CEO [...]

  • Marvel-Strike-Force-FoxNext

    Disney Sells FoxNext Games Unit to Scopely

    Disney has sold off FoxNext Games, the studio it obtained through the purchase of 20th Century Fox, to mobile-games developer Scopely. Terms of the pact were not disclosed. Under the terms of the pact, Scopely is acquiring FoxNext Games Los Angeles, the game studio behind hit game “Marvel Strike Force,” and San Jose-based Cold Iron [...]

  • Call of Duty The Campaign

    Watch the First Episode of New Call of Duty League Docuseries 'The Campaign' (EXCLUSIVE)

    Even a new league comes with history. That’s one of the takeaways from the first episode of “The Campaign,” which follows the Chicago Huntsmen in the lead-up to Activision Blizzard’s new franchised Call of Duty League. Variety is debuting the first episode exclusively, which details some of the narrative that follows the Huntsmen (based in [...]

  • Vindex - Imax

    Imax Jumps Into Esports in Exclusive Pact With Startup Vindex

    Hold on to your popcorn: An Imax location near you could soon be beaming live competitive video-game action onto its big screens. Imax has inked a partnership with Vindex (vindex.gg), an esports infrastructure startup formed by Major League Gaming co-founders Mike Sepso and Sundance DiGiovanni, under which Vindex will create esports events and experiences exclusively [...]

More From Our Brands

Access exclusive content