SK Hynix Launches 192GB SOCAMM2 Memory for Nvidia’s Next-Gen AI Chips 
J.P. Morgan Downgrades Essity AB on Rising Costs and Weak Earnings Outlook 
Iran’s AI memes are reaching people who don’t follow the news – and winning the propaganda war 
SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows 
John Ternus Signals Apple’s Future with Product-First AI Strategy 
ASML Raises 2026 Revenue Outlook as AI Chip Demand Surges 
NVIDIA Acquisition Rumors Dismissed by Morgan Stanley as Strategically Flawed 
Want to cut your energy bills? Here’s how five experts are doing it 
SK Hynix to Invest $13 Billion in AI Chip Packaging Facility 
Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges 
Chinese Robotics Stocks React as Humanoid Robot Marathon Sparks Competition Concerns 
Rising Jet Fuel Costs from Iran Conflict Push Airfare Higher Across Europe 
OPmobility Reports Q1 Revenue Dip Amid Automotive Industry Slowdown 
SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO 
Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO 
Federal Agencies Secretly Test Anthropic's AI Despite Trump Administration Ban 
Huawei Expands Vietnam Presence Through Strategic Partnership with SHB Bank 
Microsoft Gaming chief Phil Spencer reiterated the company’s position on raising prices for the Xbox Series X/S consoles after its leading competitor, Sony PlayStation, recently changed pricing in some regions. As for Microsoft, though, Spencer said this is not the right time to do the same.
“I can definitely say we have no plans today to raise the price of our consoles,” Spencer said in an interview with CNBC (via VGC). “We think in a time when our customers are more economically challenged and uncertain than ever, we don’t think it’s the right move for us at this point to be raising prices on our console.”
Spencer, however, reiterated a part of Microsoft’s earlier statement on the matter; the company is “always evaluating” its business. This means Microsoft is not completely dismissing the possibility of Xbox Series X/S price hikes in the future.
For now, though, Spencer noted that the pricing of Xbox Series X/S consoles is part one of their selling points. Xbox Series X’s suggested retail price is $499, while the digital-only Xbox Series S costs $299.
Aside from different price points, the Series X is equipped with higher technical specifications, including support for native 4K gaming resolution and 1TB storage. The Xbox Series S, on the other hand, can run games at up to 1440p resolution and only offers 512GB storage.
It is worth noting, though, that the Series S shares several important upgrades with the Series X. Both Xbox consoles support up to 120FPS frame rate, variable refresh rate, and ray tracing. With these capabilities and its price point, the Xbox Series S makes for a good entry-level console option for AAA gaming. Spencer also confirmed that Series S buyers account for more than half of new Xbox players.
Sony announced PS5 price hikes for several territories – not including the United States – last month due to “high global inflation rates.” Meta also increased the price of the Quest 2 VR headset by $100 in August, citing increasing production and shipment costs.
Photo by Billy Freeman on Unsplash
