How AI is triggering price hikes for Sony and Nintendo gaming consoles

Gamers face rising console prices as Sony and Nintendo grapple with a global memory chip shortage. Fueled by AI data center demand, chip costs have surged, forcing Nintendo to hike the Switch 2's price to $499.99 and Sony to increase the PlayStation 5 to $649.99. These increases are expected to continue impacting the industry.

How AI is triggering price hikes for Sony and Nintendo gaming consoles
Gamers face rising console prices as Sony and Nintendo grapple with a global memory chip shortage. Fueled by AI data center demand, chip costs have surged, forcing Nintendo to hike the Switch 2's price to $499.99 and Sony to increase the PlayStation 5 to $649.99. These increases are expected to continue impacting the industry.