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News 2026-08-06 17:51 UTC

Nintendo Says AI Memory Inflation Could Add Nearly $700 Million in Costs

Nintendo Co. Ltd. (OTC: NTDOY ) reported stronger-than-expected fiscal first-quarter results as U.S. tariff refunds, favorable currency effects and solid game sales helped offset weaker Switch 2 hardware demand. The company maintained its full-year outlook despite rising memory costs and tariff pressures. Earnings Beat