Microsoft says Xbox hardware isn't going anywhere — company reaffirms commitment to AMD-powered next-gen console

Microsoft has confirmed that Xbox hardware is not going away and reaffirmed its commitment to releasing a next-generation Xbox powered by AMD hardware. This statement comes after rumors circulated due to recent Xbox Game Pass Ultimate price hikes. Microsoft emphasized its ongoing investment in first-party consoles and devices, dispelling any speculation about an Xbox hardware exit. The company's partnership with AMD will bring new Xbox consoles to market, with a focus on game studios acquisitions and Xbox Cloud Gaming as key components of its strategy for the future. AMD also announced a partnership with OpenAI to provide data center accelerators, securing significant revenue for the company over the next five years.