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Xbox Series X/S to get second price increase in less than a year

Microsoft is increasing the prices of the Xbox Series S by $100 USD and the Xbox Series X by $150 USD, effective August 1st, 2026, due to a global memory shortage driven by AI data center demand. The company is also discontinuing the 2TB Xbox Series X model. This follows a previous price hike in October and comes amid reports of studio closures and other gaming systems, like Valve's Steam Machine, also facing increased component costs.

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