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Microsoft Says 'We Are Actively Investing in Our Future of First-Party Consoles and Devices'

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Microsoft Says 'We Are Actively Investing in Our Future of First-Party Consoles and Devices'

Microsoft has refuted recent rumors suggesting it would abandon next-generation Xbox hardware development, affirming its continued investment in 'first-party consoles and devices.' The company cited an existing multi-year partnership with AMD to co-engineer silicon for future Xbox consoles and other hardware, underscoring a commitment to a diversified gaming strategy that includes dedicated physical hardware alongside its cloud initiatives.

Analysis

Microsoft Says 'We Are Actively Investing in Our Future of First-Party Consoles and Devices' - News by William D'Angelo , posted 2 hours ago / 382 ViewsThere were rumors swirling around over the weekend that claims Microsoft had cancelled its plans to release a next-generation Xbox and to move entirely to Xbox Cloud Gaming. Microsoft has responded stating the company is still investing in the future of Xbox hardware. "We are actively investing in our future first-party consoles and devices designed, engineered and built by Xbox," reads the statement from Microsoft (via Windows Central). "For more details, the community can revisit our agreement announcement with AMD." Xbox president Sarah Bond in June announced Microsoft and AMD established a multi-year partnership to co-engineer the silicon for multiple devices, including next-generation Xbox consoles. "At Xbox, our vision is for you to play the games you want, with the people you want, anywhere you want," said Bond at the time. "That's why we're investing in our next-generation hardware lineup, across console, handheld, PC, cloud, and accessories. "I am thrilled to share we've established a strategic multi-year partnership with AMD to co-engineer silicon across a portfolio of devices including our next-generation Xbox consoles, in your living room, and in your hands." A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can follow the author on Bluesky. More Articles Microsoft says a lot of things... I mean, didn't they say it was "just 4 games" coming to PS/Nintendo back in early 2024? Doesn’t really matter what they say. Everything they’ve done in just recent months will cause anyone to question official statements There is zero reason to buy the next Xbox hardware. Of any kind. Microsoft has directly refuted market rumors of its exit from the console hardware business, issuing a formal statement confirming it is 'actively investing in our future first-party consoles and devices.' This guidance solidifies the company's long-term gaming strategy, which is not a complete pivot to cloud gaming but rather a hybrid model encompassing a diverse hardware portfolio. The statement is substantiated by the reaffirmation of a multi-year strategic partnership with AMD to co-engineer the silicon for these next-generation devices, including consoles and potential handhelds. The positive sentiment scores for both Microsoft (0.6) and particularly AMD (0.7) reflect that this clarification is viewed favorably, as it reduces uncertainty around Microsoft's Xbox division and secures a significant, long-term design win for AMD's semi-custom business, reinforcing its key supplier role in the console market.