http://www.marketwatch.com/story/amd-soars-analyst-cites-speculation-on-consoles-2013-05-03

SAN FRANCISCO (MarketWatch) - Shares of Advanced Micro Devices AMD +11.00% soared Friday and the stock was poised to end the week with a 40% gain. AMD was last trading up 10% to $3.75. Bernstein Research analyst Stacy Rasgon said it appears to be based on speculation that the chipmaker, which has been hurt by a collapsing personal comptuter market, may get a significant upside from its growing presence in the game console business. Rasgon cited Sony's announcement that it will be using AMD chips for the next PlayStation. He said there is also speculation that Microsoft Corp.'s MSFT +0.76% upcoming version of the Xbox will also include an AMD processor. "Right now, it's someone make a bet on the console opportunity," Rasgon told MarketWatch. AMD shares have jumped more than 55% year-to-date.

Guess who has had 400 shares since monday.

Nice pickup!

I also think this means that both Sony and Microsoft are targeting some decent launch shipment numbers (to get the stock to move that much).

Hm, well I hope the console deals can lead AMD back to profitability, because a future without competition for Intel or Nvidia would be very bleak and expensive.
Personally I can't help and feel pretty pessimistic about that though, because AMD offered very good performance for money GPUs and CPUs (especially in low end to high mid-tier), yet less and less people picked up AMD products ..