×
You will be redirected back to your article in seconds

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

  • Riot Games

    Riot Games to Pay $10 Million to Settle Gender-Discrimination Lawsuit

    Riot Games, developer of “League of Legends,” will fork over at least $10 million to settle a class-action lawsuit filed on behalf of women employees alleging the company’s “bro culture” resulted in systemic gender discrimination. Terms of the settlement in the case, reached in August, were revealed in court documents filed last week in California [...]

  • Dreamscape_Dragon vr

    Dreamscape Gets ‘DreamWorks Dragons Flight Academy’ VR Experience (EXCLUSIVE)

    Location-based virtual reality (VR) startup Dreamscape has teamed up with DreamWorks Animation to launch a new “How to Train Your Dragons” experience at its flagship Westfield Century City VR center in Los Angeles later this month. The 11-minute “DreamWorks Dragons Flight Academy” experience allows up to 8 participants to hone their dragon-flying skills together, and [...]

  • YouTube logo

    YouTube Eases Restrictions on 'Simulated' Violence in Gaming Content

    YouTube announced a change to its content guidelines that will be more permissive in allowing depictions of violence in video-game content — as long as it’s not the sole focus of a video. Starting on Dec. 2, YouTube said, scripted or simulated violent content found in video games will be treated the same as scripted [...]

  • Disney’s Frozen 2 and Laika’s Missing

    'Frozen 2,' 'Missing Link' Lead 47th Annie Award Nominations

    Disney’s “Frozen 2” and Laika’s “Missing Link” led the 47th Annie Award nominations Dec. 2 with eight each and will battle it out for best animated feature along with DreamWorks Animation’s “How to Train Your Dragon: The Hidden World,” Netflix’s “Klaus” and Pixar’s “Toy Story 4” when the ceremony is held on Jan. 25 at [...]

  • Black Friday Deals: Oculus Rift, PlayStation

    The Best Black Friday Deals for VR Headsets, Apps & Games

    Getting your own virtual reality (VR) setup at home used to be costly, requiring not only an expensive headset but also a full-blown gaming PC. Not anymore: The latest generation of all-in-one devices has made VR a lot more affordable, and deep discounts for the holiday season serve as another incentive to finally make the [...]

  • Beat Saber Acquired by Facebook, Company

    Facebook Buys the Maker of the Popular VR Game 'Beat Saber'

    Facebook has acquired Beat Games, the maker of the popular virtual reality (VR) music game “Beat Saber”, the social media giant announced Tuesday. Beat Games will operate as an independent studio under Oculus Studios, and continue to support “Beat Saber” on all existing platforms, according to a blog post penned by Facebook AR/VR director of [...]

  • Kris Bowers, Alan Silvestri, and Catherine

    Alan Silvestri, Cynthia Erivo, Bebe Rexha Among Hollywood Music in Media Award Winners

    The 10th annual Hollywood Music in Media Awards rewarded a diverse crop of composers, songwriters and music supervisors who contributed to film, TV and videogames over the last year, from scorers Alan Silvestri, Hildur Guðnadóttir, Marco Beltrami and Michael Abels to tunesmiths Cynthia Erivo, Bebe Rexha and the Avett Brothers to Quentin Tarantino’s longtime music sidekick, [...]

More From Our Brands

Access exclusive content