• Home
  • About
  • Contact us
Tech News, Magazine & Review WordPress Theme 2017
  • Computing
  • Entertainment
  • Gaming
  • Mobile
  • Science
  • Security
  • Services
  • Software
  • Space
No Result
View All Result
  • Computing
  • Entertainment
  • Gaming
  • Mobile
  • Science
  • Security
  • Services
  • Software
  • Space
Technovanguard — Be at the forefront of technology news
No Result
View All Result

AMD CEO Talks PS5 and Xbox Series X Supply and Demand; Impressed by Ongoing High Demand

Justin Rowell by Justin Rowell
29.09.2022
Home Gaming

amd ps5 xbox series x supply demand lisa sa

AMD CEO Lisa Su has expressed to be impressed by the ongoing high demand for both the PS5 and Xbox Series X|S.

It’s no secret that the demand for the next-gen consoles has been high ever since the release of the consoles late last year. With the ongoing supply shortages due to the global pandemic, both consoles are still hard to come by. In the most recent financial earnings call with investors, AMD’s CEO was asked about the current supply situation and seasonality. According to the CEO, AMD will be ramping up the production of chips next year, and she expects 2022 to be another strong year for both Sony and Microsoft, although she expects that 2023 will be the “peak year” for the next-gen consoles.

“Well, I think — first of all, I think the console business, this console cycle and all when you look at it in totality, has been amazing”, Su said. “I mean if you think about the strength of the cycle, now we’re sort of deep into the second year and the fact that the demand is so high. I mean we’ve been shipping a lot of product. So the fact that the demand is still high says something about just sort of the product capability that’s been captured by both Microsoft and Sony in this console cycle. We’re continuing to ramp up production. We expect 2022 to be another strong growth year for consoles. If you look at the typical console cycle, the peak year is actually the fourth year typically. And so you would expect maybe 2023 would be the peak year.”

The CEO also acknowledged that, with COVID-19 still affecting supply chains, seasonality has become more “muted”. As such, annual regular and predictable changes in sales are somewhat out of the window in this current environment.

“But to the overall point is, look, it’s a great platform. We love the fact that we have so many users that are using AMD technology on the console platform and we’ll continue to ramp up supply. And from a seasonality standpoint, yes, you’re right. Seasonality does become more muted in this environment until we get to sort of a more normalized environment.”

Both the PlayStation 5 and Xbox Series X|S are available globally now (if you’re able to get your hands on one). Sony and Microsoft launched their consoles back in November of last year.

Source

The post AMD CEO Talks PS5 and Xbox Series X Supply and Demand; Impressed by Ongoing High Demand by Aernout van de Velde appeared first on Technovanguard.


Next Post
Best new games 2022: the biggest games coming to console and PC

Best new games 2022: the biggest games coming to console and PC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

Scientists See Leprosy in Wild Chimpanzees for the First Time

Scientists See Leprosy in Wild Chimpanzees for the First Time

29.09.2022
KeePass 2.50 speeds up key derivation functions significantly

KeePass 2.50 speeds up key derivation functions significantly

29.09.2022

Trending.

Deforestation and storms in West Africa

Deforestation and storms in West Africa

29.09.2022
Government urged by Irish wind industry to boost offshore opportunities

Government urged by Irish wind industry to boost offshore opportunities

29.09.2022

The most important humanitarian problems to be solved

29.09.2022
Software Development Company Geniusee Expands Its Sales Presence in California

Software Development Company Geniusee Expands Its Sales Presence in California

18.09.2023
Who is the Network Access Broker ‘Wazawaka?’

Who is the Network Access Broker ‘Wazawaka?’

29.09.2022
Technovanguard — Be at the forefront of technology news

Technovanguard - The latest news from the world of IT and modern technologies.

Categories

  • Computing
  • Entertainment
  • Gaming
  • Internet
  • Mobile
  • Science
  • Security
  • Services
  • Software
  • Space
  • Без рубрики

Tags

best bitcoin casino best bitcoin gambling site best crypto casino bitcoin gambling site btc casino FEATUREDNEWS linkedin connection message linkedin connection request template linkedin connect message examples linkedin networking message template linkedin sales message top bitcoin casinos

Recent News

Software Development Company Geniusee Expands Its Sales Presence in California

Software Development Company Geniusee Expands Its Sales Presence in California

18.09.2023
Nection’s Networking Revolution: Try the AI-powered gifts and say bye to useless networking!

Nection’s Networking Revolution: Try the AI-powered gifts and say bye to useless networking!

11.08.2023
  • Home
  • About
  • Contact us

© 2021 technovanguard.com. Submit news release

No Result
View All Result
  • Computing
  • Entertainment
  • Gaming
  • Mobile
  • Science
  • Security
  • Services
  • Software
  • Space

© 2021 technovanguard.com. Submit news release