ATi lets loose that it's nearing completion on a Microsoft product. And what poduct is that?

This is console news essentially, but it's major stuff so I'm gonna run it on the main page. Gamespot has word that ATI are nearing completion on Microsoft's XBox Next:

Speaking to the Smith Barney Citigroup 2004 Technology Conference in New York, Nickerson gave a presentation about ATI's sources of future revenue. Given that the company is making the graphics processors for both Microsoft and Nintendo's next-generation machines, he naturally touched on the subject of royalties from the two companies.

"The other one that's starting to become a factor--when you're looking at it from an investment point of view--are game consoles," he said. "Both Nintendo and Microsoft will be royalty [sources]." Then Nickerson dropped a tantalizing tidbit about the Xbox Next. "We're actually winding down development on some of the Microsoft product," he said casually.


Source : GameSpot