Nintendo Switch 2 Sees Price Hike in U.S. and UK Due to Rising Component Costs

Nintendo has announced that the Nintendo Switch 2 will be receiving a price increase in the United States and the United Kingdom. The changes are attributed to higher component costs, with AI-related memory chip shortages playing a significant role in the escalation. As a result, the new prices will be as follows: in the U.S., the Switch 2 will retail for $449.99, up from its current price of $449.99, while in the UK, it will cost £419.99, a rise from its current price of £395.99. Retailers are advising consumers to secure the current price before September 1, as the updated prices will take effect at that time. The decision is in line with Nintendo's efforts to maintain profit margins despite the challenges posed by the ongoing global semiconductor shortage. Nintendo Switch 2 is getting a price hike in the U.S. and UK. 💸 🇺🇸 U.S.: $449.99 → $499.99 🇬🇧 UK: £395.99 → £419.99 Nintendo says higher component costs, driven partly by AI-related memory chip shortages, are behind the increase. Retailers are warning buyers to lock in the current price before September 1. The Switch 2 just got more expensive. 🎮 🔵 @techroma