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flag Microsoft denies canceling next-gen Xbox, confirms ongoing development with AMD.

flag Microsoft has dismissed rumors of canceling its next-generation Xbox console, confirming ongoing development and a multi-year partnership with AMD to power future hardware. flag Despite persistent speculation from insider SneakersSO on NeoGAF—claiming a strategic shift toward software, cloud gaming, and potential layoffs—the company maintains its commitment to first-party consoles. flag The leak cites financial strain from the Call of Duty Game Pass deal and stalled development, while Costco’s global removal of Xbox consoles has fueled uncertainty. flag However, Microsoft has not confirmed any changes, and no official roadmap adjustments have been announced.

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