Microsoft raises Xbox console prices due to chip costs

Pequeño is a breaking news reporter who covers tech and more.

From studio closures and game cancellations, to mass layoffs and policy shifts, it's increasingly rare that we are treated to good news regarding the Xbox brand in 2026.

Microsoft will also discontinue its 2 TB model.

Stifel lowered its price target on Microsoft, citing revised and weaker-than-expected margin assumptions for FY27.