Microsoft (MSFT) Broadens AMD’s Partnership for Next-Gen Xbox Console

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the 12 best cryptocurrency and blockchain stocks to buy. On June 17, Microsoft announced it had extended its partnership with the company to design next-generation chips that will go into Xbox consoles.

Microsoft (MSFT) Broadens AMD’s Partnership for Next-Gen Xbox Console

A close up of a complex looking PCB board with several intergrated semiconductor parts.

It is a significant partnership for AMD as it stands to fulfill tens of millions of chip orders over the life of the next-generation console. Additionally, the partnership is poised to last several years and span multiple generations of desktop and portable hardware, providing a reliable revenue stream.

Microsoft has utilized AMD hardware for the last two console generations, beginning with the Xbox One. Despite Nvidia’s dominance in PC GPUs, AMD CPUs and AMD GPUs have proved to be a powerful pairing.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a semiconductor company that provides hardware and software that power blockchain and cryptocurrency applications. AMD’s technology, particularly its CPUs and GPUs, plays a crucial role in the performance and efficiency of blockchain operations like mining and transaction validation.

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Disclosure: None.