Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook 
Meta Cloud Ambitions Could Challenge AWS, Azure, and Google Cloud, Says Morgan Stanley 
AI Memory Chip Shortage Likely to Persist Despite Korea Investment Boom, Nomura Says 
Nvidia Invests $500M in Firmus Technologies Ahead of Planned ASX IPO 
SK Hynix’s $28 Billion U.S. Share Sale Draws Massive Demand Amid AI Chip Boom 
SK Hynix’s $28B U.S. IPO Draws Strong Demand as AI Chip Boom Fuels Investor Interest 
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone 
Samsung Q2 Profit Seen Soaring as AI Memory Demand Keeps Chip Prices Elevated 
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
OpenAI Executive Fidji Simo to Step Down Amid Health Challenges Ahead of IPO 
Samsung Chairman Lee Jae-yong Expected to Meet Nvidia CEO Jensen Huang on AI and Chip Partnership 
China 618 Smartphone Sales Drop 13% as Higher Prices Hurt Demand, Huawei Gains Market Share 
WiseTech Global Shares Surge as Richard White Steps Down as Executive Chair 
Chinese Chip Stocks Jump as Apple Reportedly Tests CXMT Memory Chips for China Devices 
Xbox Cloud Gaming has reached a milestone this week as Microsoft announced it is now officially available on Xbox One and Xbox Series X/S consoles. This should be a welcome development, especially for players who are still using the last-generation hardware.
To those who do not know, Microsoft marked Xbox’s 20th anniversary on Monday, making this week a huge one for the company. It is then not surprising that after treating fans with the sudden launch of the “Halo Infinite” multiplayer on Monday, Microsoft also confirmed on Wednesday that the Xbox Cloud Gaming is now available to console gamers.
Xbox One owners will benefit greatly from this announcement, especially with the Xbox Series X still very difficult to find in stores. With Xbox Cloud Gaming, they will be able to play cloud-supported games that were previously only available on Xbox Series X/S, such as “The Riftbreaker,” “The Medium,” and “Recompile.”
Microsoft also promised to expand the library of next-gen titles that Xbox One owners can play through the Xbox Cloud Gaming, including “Microsoft Flight Simulator” in early 2022. The company has yet to confirm if other first-party next-gen games will get the same treatment, but there is a good chance for that to happen. And that should be an encouraging possibility with Bethesda’s “Starfield” slated to launch on Nov. 11, 2022, on Xbox Series X/S and PC.
Players need an Xbox Game Pass subscription to experience Xbox Cloud Gaming. Console players can now try cloud-supported titles without installing them, which is a nice feature since console storage is often limited. The Xbox Cloud Gaming launch on consoles will also allow players to immediately try a new title that their friends will share through a game invite.
Xbox Cloud Gaming is still in beta and is only available in 25 territories, while Microsoft confirmed the service is coming to Brazil soon. Players in these regions will have to be a little patient because the cloud features will not go live at once for all players in all 25 countries. “This capability will initially roll out with our November release to a subset of Xbox gamers and scale to all gamers in supported markets over the coming weeks,” Microsoft said in the announcement post.
Photo by Mika Baumeister on Unsplash
