Apparently, margins blocked the deal. I’m surprised Sony even entertained Intel, with the company being so ass lately, but that's how bids work, of course.
“A dispute over how much profit Intel stood to take from each chip sold to the Japanese electronics giant blocked Intel from settling on the price with Sony, according to two of the sources. Instead, rival AMD landed the contract through a competitive bidding process that eliminated others such as Broadcom (AVGO.O), opens new tab, until only Intel and AMD remained.”
“A dispute over how much profit Intel stood to take from each chip sold to the Japanese electronics giant blocked Intel from settling on the price with Sony, according to two of the sources. Instead, rival AMD landed the contract through a competitive bidding process that eliminated others such as Broadcom (AVGO.O), opens new tab, until only Intel and AMD remained.”
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