
Microsoft has issued a statement reassuring customers that Xbox is, in fact, here to stay. In response to a gust of rumors stemming from Xbox's much-maligned Game Pass Ultimate price hikes, Xbox has confirmed in a statement to Windows Central that a next-generation Xbox powered by AMD hardware will be coming to market after all.
Microsoft offered the following statement to Windows Central concerning its plans to remain within the hardware space: "We are actively investing in our future first-party consoles and devices designed, engineered and built by Xbox. For more details, the community can revisit our agreement announcement with AMD." The statement throws cold water on any rumors circulating about a possible Xbox hardware exit, relevant though they may have been.