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Xbox 2 Rumor Sends ATI Shares Higher

Posted by simoniker on from the non-story-turns-into-story dept.

In a slightly bizarre turn of events, a rumor that appeared to start on UK games site Spong.com, claiming that ATI may be providing the graphics chip for the Xbox 2, replacing current provider Nvidia, has ended up significantly affecting ATI's stock price, sending it up over 5 percent on a day when many other tech stocks lost ground. As an analyst quoted in the Yahoo article suggests, "..we think it's a decision that has not been made yet and it is purely speculation to guess as to who may or may not win." But that doesn't seem to have stopped investors acting as the rumor gathered steam and percolated through more major news sites.

2 of 15 comments (clear)

  1. Warcry's Article by Bruha · · Score: 2, Informative

    You can read the Warcry News Network's article at http://www.warcry.com

    Commentary and points to the original article.

  2. Xbox 2 Info from Inside by Anonymous Coward · · Score: 1, Informative
    Working at Microsoft Games Research, I can tell you a few things (anonymously ofcourse). The codename for it is Xenon. We are considering using wireless controllers (no specifics). We are also considering using two TV-outs (our focus group voiced that 4 people crunched together on one TV wasn't too enjoyable). The DVD will be front tray loading rather than on the top. Remote control on/off a possibility (from controller probably). It will be backwards compatible. The controller will be smaller. There will be an expansion slot. Most of the focus group said they weren't interested in web browsing or email with the console, so we will be more media centered.

    Other numbers to consider: In the US, Xbox is #2 with over a million units over GameCube. However, worldwide, Xbox is #3. GameCube has sold just a little over 300,000 units over Xbox.