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AMD Climbs Midday on PlayStation 5 Inclusion

Investing.com - Advanced Micro Devices was higher in midday trading after news that the next generation of Sony’s PlayStation consoles will include the semiconductor maker's hardware.

The PlayStation 5 is more than an upgrade, video game designer Mark Carny told Wired, and will include updated hardware and processors, including a custom GPU based on AMD's Radeon Navi hardware and an eight-core CPU based on its third-gen Ryzen line.

Sony has not yet set a release date for the console, but it is not expected this year.

AMD (NASDAQ:AMD) jumped 2.2%, while Sony (NYSE:SNE) gained 1.1%.

Meanwhile, gaming stocks were mixed, with GameStop (NYSE:GME) rising 1.7% and Activision Blizzard (NASDAQ:ATVI) down 1.3%, while Zynga (NASDAQ:ZNGA) slipped 0.9%.

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