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Stock impact report

Nintendo shares sink 10% as gaming giant faces memory shortage concerns [MSNBC.com]

NINTENDO CO LTD UNSP/ADR (NTDOY) 
NASDAQ:AMEX Investor Relations: nintendo.co.jp/ir/en
Company Research Source: MSNBC.com
Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, 2025. Nintendo Co. fans from Tokyo to Manhattan stood in line for hours to be among the first to get a Switch 2, fueling one of the biggest global gadget debuts since the iPhone launches of yesteryear.Kiyoshi Ota | Bloomberg | Getty ImagesNintendo shares plunged more than 10% on Wednesday, a day after the gaming giant missed market estimates for quarterly revenue and as it faces headwinds from an unprecedented memory shortage.The companybeat profitbest selling console everNintendo is facing pressure this year from a shortage in memory chips — a key component in its gaming consoles — that has resulted in surging prices.According to Andrew Jackson, head of Japanese Equity Strategy at Ortus Advisors, investors remain concerned about the impact that memory costs will have on the company's margins.While Nintendo President Shuntaro Furukawa said Tuesday that memory price rises we Show less Read more
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