Topline
Xbox is raising the prices of its consoles for the second time in less than a year, the Microsoft division announced Thursday, ratcheting up prices by at least $100 as the artificial intelligence boom has depleted storage and memory hardware used by video game consoles.
Living room with a Microsoft Xbox Series X home video game console alongside a television and soundbar.
Photo by Phil Barker/Future Publishing via Getty Images
Key Facts
The price for Xbox consoles will increase by $100 for 512 GB models and $150 for 1 TB models, according to a statement, which added the 2 TB models are being sunsetted.
This is a developing story. Check back for updates.