Nintendo hikes Switch 2 prices and expects console sales to decline as memory crunch bites

Nintendo has announced a price increase for its Switch 2 console, raising the U.S. price from $449.99 to $499.99 and the Japanese price from 49,980 yen to 59,980 yen. The company anticipates a decline in console sales due to ongoing memory shortages impacting production. This move reflects broader challenges in the gaming industry as manufacturers grapple with supply chain issues.