Nintendo and Sony are dealing with sharply higher costs after memory chip prices jumped, a trend tied to AI-driven demand straining chip supply. That pressure is now feeding into console pricing, with Nintendo’s Switch 2 set for price hikes in Japan and the US, and Sony having raised PS5 prices earlier.
Nintendo says it will raise the price of its Switch 2 across Japan, the US, and Europe, citing continued increases in component costs. The move comes with a sharp warning that net profit for the current year could drop significantly, despite a strong prior fiscal performance. Consumers may feel the shift immediately at launch and in upcoming retail pricing.
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