THE BUZZ: According to a new report, the PlayStation 4 will feature graphics powered by a new AMD chip.

In a new article with AMD’s CEO Rory Read, Forbes claimed that an unannounced partnership is currently going on between the two companies.

“It’s Read’s job to make sure AMD doesn’t screw up its slate of new products,” Forbes said, “which includes a hush-hush-effort to put its graphics chips in Sony’s still-unannounced new game console – and shake off the once scrappy company’s years-long funk.”

AMD currently supplies the graphics processor for the Xbox 360, while Nvidia powers the PlayStation 3.

Both AMD and Sony have refused to comment on the comments, which are offered by “former AMD employees” according to Forbes.

EGM’s TAKE: Repeatedly Sony has stated that it won’t be announcing a new console at E3, but every time we think the rumors are over and things are going to quiet down something like this crops up. Now we’re back to the guessing game. If this partnership is real then the console design must be nearing completion, which would insinuate an announcement this year. However, we will go out on a limb and say that there won’t be a PlayStation 4 announcement at E3. If Sony is going to do it this year they will want a clear run. In an E3 set to be dominated by Wii U and a potential next Xbox announcement, things are a little too cluttered. Maybe Europe will get a little love and we’ll get a peak at GamesCom or perhaps an unveiling at Tokyo Game Show. Or maybe even a special on MTV. There are plenty of places to reveal a console. We’re just sayin’.

When do you think the new console will be announced? Let us know in the comments below.

Source: Forbes