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Mistershine said:
From the 5 billion transistors it appears they are using either 6t or 8t esram, neither of which produce much heat according to B3D. The consensus there seems to be yield issues alone, which is apparently AMD's problem, not Microsoft's. I think the size is a combination of aesthetic and aural requirements.

IBM's problem (ESRAM designer), or Globalfoundries' problem (manufacturer).