“Awful News”: Nintendo Shares Get ‘Donkey Konged’ After Switch 2 Production Cut
Nintendo shares in Tokyo tumbled overnight after Bloomberg reported that the gaming company has slashed production of the Switch 2 handheld amid soft holiday-season demand and underwhelming U.S. sales. *NINTENDO CUTS SWITCH 2 OUTPUT BY OVER 30% ON WEAK HOLIDAY SALES wait, wasn’t this thing supposed to be as popular as chatgpt? — zerohedge (@zerohedge) March 24, 2026 Nintendo is expected to produce 4 million Switch 2 units instead of the originally planned 6 million, with the lower production rate expected to continue into the second quarter. Despite a record June 2025 launch and 17.37 million units sold since release, management appears disappointed that momentum and hype for the Switch 2 have faded. Japan has held up better than overseas markets, helped by a cheaper domestic-only variant, while U.S. demand has been soft. “This hardware shortfall in its first year, during its big holiday season, is awful news,” Asymmetric Advisors analyst Amir Anvarzadeh wrote in a note. Sources noted that the output reduction should not affect Nintendo’s ability to meet the average Wall Street analyst …

