Effective August 1, 2026, the price of XBOX consoles will be increasing by US$100 for 512 GB models and US$150 for 1 TB models.

The increase is the latest price hike after Xbox consoles prices rose $20 to $70 last year.

Xbox consoles will increase by $100 to $150 on August 1, pushing the Series X to $800. Microsoft blames memory costs that have more than doubled.

Xbox blames the memory shortage for the price hike.

Groups representing automakers, retailers, electronics firms and others had warned earlier this month that the increasing demand for memory chips could lead to dramatic price…