As per some of our earlier information on Xbox "Lockhart" and the
Xbox Series X, we're expecting
Lockhart to be a 4TF "entry-point" to next-gen gaming, and it should effectively replace the
Xbox One X. This system is designed to be affordable but will offer aspects of a next-gen experience currently unavailable to past-gen consoles, presumably in the form of NVME loading speeds and perhaps some limited ray-tracing. We have no idea about the capabilities of Lockhart outside that magical "4TF" GPU number, which came alongside more of our detailed Xbox Series X info that turned out to be accurate.
Recently, we heard Lockhart is entering take home stages for Xbox employees to get their hands on the system and begin providing feedback and testing. The timing would indicate to me that rumors of upcoming showcases in early May are likely accurate.