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kowenicki said:
What happens if Sony and MS select AMD and then AMD goes bust?


I'm sure someone will have covered this in the thread but they will license the chip design so Microsoft/Sony can fabricate their own chips to help them reduce costs.  In the original Xbox Microsoft paid a fee per chip that was non negotiable and it meant they were unable to cut costs.  I would imagine if AMD went bust Microsoft and Sony would be able to fabricate their own chips still.