Comment by neighbour
This is all true. Xbox always threatens to leave their current vendors only to end up signing a renewal at the final hours of the contract.
>As a gamedev I have a different perspective: Sony and Nintendo would be fools to give up backwards compatibility just for savings on chips.
In your view, is this issue worse with modern consoles now that the Playstation (and possibly Nintendo) online store purchases persist across generations? Imagine a scenario where someone has a PS4 and PS5, they buy many games through the Playstation Store, then Sony selects a different chip supplier for the PS6. I'm guessing this would cause issues with games that were designed for the older consoles, breaking backwards compatibility.
I'd imagine that if the console manufacturers cared about backwards compatibility, which I think they do, the likelihood of them switching chip providers would decrease with each generation.
Microsoft maintained backwards compatibility across Intel+Nvidia, IBM+ATI, and AMD+AMD so it's possible. Sony hasn't invested as much in compatibility, instead just keeping the same architecture for PS4/5.