PlayStation 4's Success Crucial in AMD's Financial Recovery

AMD executives highlight how the PS4 processor development played a pivotal role in steering the company away from bankruptcy.

AMD's custom 'Jaguar' processor for the PS4 and Xbox One generated significant revenue during financial struggles.
The console contracts provided a lifeline after the 2008 financial crisis and intense competition from Intel.
AMD's turnaround allowed investment in new technologies like the Zen CPU architecture and Radeon graphics.
The PS4 sold approximately 117 million units, while the Xbox One sold around 58 million, boosting AMD's financials.
AMD's successful recovery has led to continued partnerships with Sony and Microsoft for their latest console generations.