Did Microsoft Prioritize Xbox Cloud Gaming Over Xbox Series X Sales?

Microsoft's bet on Xbox Cloud Gaming servers using Xbox Series X chipsets to run has resulted in a shortage of Xbox Series X|S consoles available for purchase at home. The revelation was made during the ongoing court battle between Microsoft and the FTC over its acquisition of Activision-Blizzard-King. Xbox lead Phil Spencer notes that Xbox Series X|S chip yields missed targets, while also lending his backing to the strategy of growing Xbox Cloud Gaming's server footprint as part of a long-term goal.