Nintendo raises Switch 2 price by $50 amid forecasted sales drop due to chip shortage

Nintendo announced a $50 price increase for the Switch 2 console in the U.S., raising it from $449.99 to $499.99, and a similar hike in Japan. This comes as the company expects sales to decline to 16.5 million units in the fiscal year ending March 2027, down from 19.86 million units previously. The price increase is linked to a global memory chip shortage impacting production costs. Nintendo's sales forecast also fell short of analyst expectations, signaling challenges ahead for the gaming giant.