Latest / Raleigh News Today | 2 Min News | The Daily News Now!
Xbox Prices Soar Due to AI Chip Shortage
Microsoft’s Xbox consoles are getting a major price hike starting August 1st—up to $150 for the 1TB model and $100 for the 512GB version, pushing the Series X from $500 to $800. This isn’t greed—it’s a global memory chip shortage driven by AI data centers gobbling up chips, leaving consoles with nowhere to turn. With slim profit margins, console makers have no choice but to pass the cost to gamers. It’s not just Xbox: PS5 and Switch are already up, and new gaming hardware is pricing like mid-range laptops. Chipmakers say this shortage is permanent, with production locked years ahead for AI…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.