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Microsoft Raises Xbox Console Prices by Up to $150 Starting Aug. 1, Citing Rising Chip Costs

2026-06-25 18:26:25

According to Microsoft on Thursday, Xbox Series S consoles with 512 GB storage will increase by $100 to about $500, effective Aug. 1, while 1 TB models will rise by $150. The entry-level Xbox Series X will now start at approximately $750. Microsoft attributed the price hike to soaring component costs, stating that console storage and memory prices have surged more than 2.5 times over recent months, with expectations for another doubling by fall 2027. The company noted that consoles are typically sold at a loss, making them particularly vulnerable to the current memory crisis affecting the consumer electronics industry.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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