Advanced Micro Devices (AMD) recently announced a high-profile partnership with Microsoft (MSFT) to collaboratively create silicon for a wide range of devices, including the next Xbox console. As the gaming hardware sector slowed down in recent quarters,

AMD's CEO, Dr. Lisa Su, releases a brief video statement Following the Microsoft announcement detailing an expanded partnership with AMD to make next-generation devices, AMD has now released a short video statement,

Microsoft is confirming today that it’s working on a next-gen Xbox console in partnership with AMD. Xbox president Sarah Bond made the announcement in a minute-long video posted to YouTube, promising to deliver “an Xbox experience not locked to a single store or tied to one device.”