Microsoft is reportedly poised to finally reveal its cheaper, less-powerful new Xbox in August.

Tom Warren, reporting for The Verge, has revealed that the Xbox Lockhart will feature the exact same CPU speeds as the much more powerful Xbox Series X, according to a document detailing its specifications.

The biggest difference is graphical power, with Lockhart reportedly targeting just 4 teraflops of GPU performance (lower than the Xbox One X), while the Series X targets 12 teraflops.

Combined with xCloud game streaming, Lockhart could in theory undercut the presumably much more expensive Xbox Series X and PS5 significantly.

Microsoft is expected to host another Xbox 20/20 stream in July, this time showcasing some first-party titles coming to Xbox Series X?

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