Nintendo’s Shares Take A Tumble Amid Renewed Chip Shortage Worries
Chip and dip. Despite the massive Switch 2 sales out of the gate, Nintendo’s shares have been slipping throughout December, dropping as much as 4.7% yesterday. Why? It seems fears surrounding chip shortages may be to blame. Bloomberg (paywall) estimates that Nintendo’s market value may have already decreased by as much as $14 billion this…