business / news / / marketscreener.com
Nintendo shares fell Wednesday as the company's gaming pipeline failed to inspire confidence.
Nintendo shares fell up to 8.2% after its gaming release pipeline disappointed investors.
KEY POINTS
- French authorities fined Nintendo $40.4 million over long-standing Joy-Con controller complaints.
- Rising memory-chip prices are significantly increasing Nintendo Switch 2 production costs.
- Memory modules could account for 21%-23% of Switch 2's hardware costs in 2024.
- Switch 2 price increases in multiple regions are partly due to component cost inflation.
COMPANIES
Summarized by Newsio from marketscreener.com. How we summarize →