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Nintendo Rules Out Another Switch 2 Price Increase Despite Rising Memory Costs

The Nintendo Switch 2

The fully revealed Nintendo Switch 2 console - YouTube, Nintendo of America

Nintendo has delivered some welcome news for gamers concerned about the rising cost of console gaming. Despite increasing memory prices and a slowdown in hardware sales, the Japanese gaming giant says it has no immediate plans to raise the price of the Nintendo Switch 2 again.

According to Nintendo Everything, Nintendo president Shuntaro Furukawa addressed the possibility of another price increase during the company’s latest financial results briefing on November 5.

Furukawa reportedly told investors that Nintendo is “not considering additional changes” to the Switch 2’s price, offering reassurance to consumers who have already watched the console become considerably more expensive since launch.

The announcement comes just two months after Nintendo increased the Switch 2’s suggested retail price in the United States from $449.99 to $499.99, a $50 increase that took effect on September 1.

Rising Memory Costs Continue to Pressure Console Manufacturers

One of the biggest concerns facing the gaming industry is the escalating cost of memory components, driven partly by growing demand from artificial intelligence companies and data centers.

The situation has contributed to higher production costs across the technology sector, leaving console manufacturers with difficult decisions about whether to absorb those expenses or pass them along to consumers.

Fortunately for Nintendo customers, the company believes its current supply arrangements are sufficient to avoid another immediate increase.

Fox McCloud

Fox McCloud – Nintendo

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Speaking about the ongoing memory shortage, Furukawa stated: “There has been no major change to the memory situation and Nintendo is in a position to secure sufficient quantities.”

As The Verge reports, the situation remains complicated. One supplier of Switch 2 game cartridges recently announced plans to discontinue ROM memory production in favor of supplying the lucrative data-center market.

While Nintendo appears confident in its immediate supply chain, continued pressure on component prices could eventually force the company to reconsider its position.

For now, however, another increase doesn’t appear to be on the horizon.

Switch 2 Sales Decline but Continue Outpacing the Original Switch

Nintendo’s latest financial results also reveal an interesting contradiction. Although Switch 2 hardware sales have declined significantly compared to the previous year, the console continues to outperform its enormously successful predecessor when comparing equivalent periods after launch.

According to Video Games Chronicle, Nintendo sold approximately 2.68 million Switch 2 consoles during the quarter ending September 30, bringing lifetime hardware sales to an impressive 26.35 million units.

However, sales during the first half of Nintendo’s current fiscal year declined 37.4% compared to the same period in 2025.

Mario Kart World

A screenshot from the trailer to Mario Kart World – YouTube, Nintendo of America

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The company sold 6.49 million Switch 2 consoles between April and September 2026, compared to stronger sales during the system’s initial year on the market.

Despite that slowdown, Switch 2 remains more than six million units ahead of the original Switch at the same point in its lifecycle.

Nintendo’s financial results also revealed that operating profit increased 49.1% to 216.5 billion yen during the six-month reporting period, even as overall revenue declined 12.1%.

That suggests Nintendo remains financially healthy despite challenges facing its hardware business.

Zelda Could Give Switch 2 a Much-Needed Holiday Boost

Nintendo also has a potentially enormous advantage heading into the holiday shopping season: the release of The Legend of Zelda: Ocarina of Time Remake.

The highly anticipated remake launched November 5, bringing one of gaming’s most celebrated adventures to Nintendo’s latest hardware.

With the original Ocarina of Time widely regarded as one of the greatest video games ever created, the remake could provide a powerful incentive for consumers who have been hesitant to purchase a Switch 2.

A shot from The Legend of Zelda Ocarina of Time Remake

A scene from The Legend of Zelda Ocarina of Time Remake – Nintendo

Nintendo is also preparing additional releases, including Metroid Ravenous in January 2027.

Ultimately, the company faces the same challenge confronting the broader console industry: convincing consumers to invest in increasingly expensive gaming hardware.

The difference is that Nintendo currently has a strong-selling platform, a substantial library of exclusive games, and enough confidence in its supply chain to avoid another price increase.

For consumers already frustrated by the escalating cost of gaming, that is at least some encouraging news.

Do you think the Switch 2 will raise its price again? Sound off and let us know!

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Marvin Montanaro is the Editor-in-Chief of That Park Place and a seasoned entertainment journalist with nearly two decades of experience across multiple digital media outlets and print publications. He joined That Park Place in 2024, bringing with him a passion for theme parks, pop culture, and film commentary. Based in Orlando, Florida, Marvin regularly visits Walt Disney World and Universal Orlando, offering firsthand reporting and analysis from the parks. He’s also the creative force behind The M4 Empire YouTube channel, bringing a critical eye toward the world of pop culture. Montanaro’s insights are rooted in years of real-world reporting and editorial leadership. He can be reached via email at [email protected] SOCIAL MEDIA: X: http://x.com/marvinmontanaro Instagram: https://www.instagram.com/marvinmontanaro Facebook: https://facebook.com/marvinmontanaro YouTube: http://YouTube.com/TheM4Empire Email: [email protected]