On a conference call Friday, AMD CEO's stated that “the company had won a third contract for a semi-custom chip design that she says will be used in products that could generate billions of dollars in sales.”
The other two contracts are with Sony and Microsoft since AMD provides semi-custom chip designs for the Playstation 4 and the Xbox One consoles.
This is good news for AMD and Nintendo. Nintendo should have dumped that crap IBM processor and should have gone with a vastly superior AMD CPU and GPU to begin with and not just the GPU from AMD. In turn, AMD will get much needed cash if the Nintendo's next console (Nintendo NX?) if it sells well. I just hope that the CPU + GPU is comparable (or at least close to the power of the Xbox One/PS4). I believe that will drastically improve the graphics quality of Nintendo games or at least allow Nintendo fans to get some descent graphics on cross platform games that are comparable to the PS4/Xbox One. Also, all 3 consoles being on x86 and AMD hardware will hopefully ease cross platform porting of games.
Source:
http://finance.yahoo.com/news/amd-design-chip-nintendo-nx-211009657.html
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