Microsoft Stock Rises on Next-Gen Xbox Collaboration with AMD
Microsoft shares gained 0.71% Monday following Xbox President Sarah Bond's confirmation of next-generation console development in partnership with AMD. The current Xbox Series X/S already utilizes AMD technology, making the continued collaboration a logical progression.
Bond emphasized Microsoft's commitment to hardware innovation while addressing controversy around ASUS-manufactured ROG Xbox Ally pricing. The $1,000 model reportedly sold out during preorders, demonstrating sustained consumer demand for premium gaming hardware.