Semiconductor company AMD may have just confirmed that the PS5 will be released in 2020. The company, which is supplying the PS5's graphics chip (a custom version of the Navi), appeared to let the information slip during its Q1 2019 report.
During AMD's Q1 2019 financial briefing, Dr. Lisa Su, the president of AMD, said that the company is "very pleased" with its partnership with Sony on its next-generation consoles. Su explains that while the company's semi-custom business is expected to be down "substantially" in 2019, Su does expect that "semi-custom will return to a growth business for us in 2020 and beyond." Su said this "without talking about any specific customer." However, the AMD president's words do seem to confirm that the PS5 will launch in 2020, and AMD will make a huge profit from it.
This isn't the first time that it has been suggested that the PS5 will be released in 2020. Sony has confirmed that the PS5 would not be releasing in 2019. It confirmed this during the same report where it confirmed the AMD partnership. With Sony rumored to have given out PS5 developer kits to studios so that they can create games for launch and after, 2020 seems like a logical choice for the PS5 release date.
There have also been many rumors about the PS5's launch games. A voice actor let slip that Horizon Zero Dawn 2 is in development (likely for the PS5), while Sony's Mark Cerny has teased that Death Stranding could be a cross-generation game. There has been speculation about games like Battlefield Bad Company 3 as well. While none of this has been officially confirmed, if these games are well into production and the plans for a PS5 release are set, it suggests that the console won't be launching later than 2020.
If Sony is planning to launch the PS5 in 2020, many will be wondering when the company is going to officially present the console to the public. Sony is skipping E3 2019, but it hasn't ruled out making a return to the annual industry event in 2020. So, E3 2020 could be the most logical choice for a PS5 reveal.
However, Sony could bring back its PlayStation Experience events, revealing the PS5 to a crowd of PlayStation fans. Whenever Sony announces the console, it's safe to presume that the company hopes its partners don't reveal much more information before it's ready.