Struggling in the consumer CPU and GPU markets, faced with seemingly unrelenting improvements from Intel and Nvidia respectively, AMD is placing more of a focus on areas outside its core desktop and laptop processors. Winning the contracts for both the PlayStation 4 and the new Xbox One was a notable victory, and eating into Intel’s absolutely dominant share of the server business has also been an area that AMD has cited for expansion. But the IoT (Internet of Things) represents another market opportunity for AMD that won’t require a complete overhaul. Lots of the terminals and video interfaces that consumers and businesses will use to interact with IoT deployments will require the sorts of processing power that AMD already provides,…