Earlier quoted context omitted.
Good problem to have from the perspective of AMD shareholders.
Both Sony and Microsoft were on a PowerPC base for the PS3/Xbox360 generation. Sony was on a MIPS before that. While there's definitely value in knowing you basically own the console market for the next few years, consoles have a much easier time jumping ship on architectures than PCs do, so having such a large portion of your revenue tied to two customers, both of whom are capable of jumping ship quite easily on the…
The past generation of consoles, the PS4 and Xbox something, is what gave AMD the cashflow to create their current Ryzen and Navi technologies.
The current generation of consoles is the same. AMD has guaranteed earnings that can be invested in new R&D.
Will the consoles in five years use something different? It really doesn't matter. Cashflow is cashflow.
What matters is the impressive advancement that Apple has with their M1 ARM processor. This is current technology, being sold right now.