Switch 2 sales boost Nintendo profits, but chip shortage looms

Nintendo's Switch 2 became the world's fastest-selling gaming console after launching to a fan frenzy last summer. The runaway success of the Switch 2 console drove up Nintendo's net profit by more than 50% in the nine months to December, the Japanese video game giant said Tuesday. But a global memory chip shortage, created by frenzied demand for artificial intelligence hardware, could push up manufacturing costs. The Switch 2 became the world's fastest-selling gaming console after launching to a fan frenzy last summer. In a time of both misinformation and too much information, quality journalism is more crucial than ever. By subscribing, you can help us get the story right.