Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook 
FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case 
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal 
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion 
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings 
SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback 
U.S. Warns Allies Over Alleged Chinese AI IP Theft Linked to DeepSeek 
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals 
OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO 
Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island 
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift 
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition 
Chinese Chip Stocks Surge on AI Boom and Domestic Tech Push 
Google Secures Pentagon AI Deal for Classified Projects 
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand 
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges 
Microsoft has now addressed the continuing issue of Xbox Series X/S shortage around the globe. While the company has said supplies are bound to meet the demands, gaming fans might have to wait a few more months to see that happen.
Xbox Series X/S supplies to remain ‘constrained’ through the first half of 2021
Microsoft has yet to provide a more specific timeline when the Xbox Series X/S supplies will become more available. But the company’s head of investor relations, Mike Spencer, told the New York Times recently that this situation could continue through June. Spencer also confirmed that its Xbox Series X/S supply had completely sold out last quarter in an earlier statement to the same publication.
The provided window tallies with what AMD said last month. The company, which produces CPU and GPU chips for Xbox Series X/S and PlayStation 5, also confirmed it has been facing difficulties in production. AMD promised to continue its efforts to keep up with the demands for its products, but it does not expect substantial changes until the second half of the year.
This is not the first time Microsoft addressed the issue of Xbox Series X/S shortage. Earlier in January, Xbox Live’s Larry Hyrb told fans in a podcast that Microsoft has reached out to AMD asking how they can get more chips for the Xbox Series X/S consoles.
Xbox Series X/S going sold out immediately after its launch was anticipated. But what most fans did not expect was having to deal with supply shortage issues more than three months after the new-gen consoles came out. However, this is likely one of the things the tech industry will still have to deal with this year as a result of a pandemic-ridden 2020.
Xbox Series X/S boost Microsoft’s profits in late 2020 quarter
The response to the Xbox Series X/S has been remarkable for Microsoft’s gaming business. The company confirmed the new-gen consoles’ launch last Nov. 10 was the “most successful” in its history. Microsoft added that the number of Xbox Series X/S units sold in the same launch month was the highest among all device launches it had.
Featured photo by Aditya Rathod on Unsplash
