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Machiavellian said:
Let me understand this.  So last gen the 360 and Wii had AMD/ATI GPUs and AMD is still in the red.  Now AMD will have a lock on all three major console OEMs and people feel that AMD is not going to make a profit.  If history is to be believed, AMD probably are not pricing their chips right and still we be in the red.  Going for the lowest bid but not being able to make a profit does not sound like a sound business stragety.

It appears to me that Nvidia has other interest and yes, whatever they are doing will be a competitor to the next gen consoles.  The key is will their solution be better which only time will tell.  There is no bitterness going on here, this is business and competitiors are always looking for the marketing advantage.

With all three consoles using AMD the company expect to account per 20% of the revenue in 2013... AMD is not only consoles... eveything else put the AMD in the red, not consoles.