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Meta enters 20-year contract for nuclear energy as AI power demands increase

Meta enters 20-year contract for nuclear energy as AI power demands increase

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Long queues and midnight store openings have marked the global launch of Nintendo's...
Meta Platforms has signed a 20-year deal with the largest US nuclear power operator...
In its annual report on money flowing into the energy sector, the IEA predicted a...
Budget carrier Wizz Air on Thursday reported an annual operating profit that fell...

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Fans queue outside Japanese stores ahead of Nintendo Switch 2 launch
Fans queue outside Japanese stores ahead of Nintendo Switch 2 launch

Irish Independent

timea day ago

  • Irish Independent

Fans queue outside Japanese stores ahead of Nintendo Switch 2 launch

©Associated Press Today at 21:30 Eager customers lined up outside electronics stores in Tokyo hours in advance to collect their pre-ordered Nintendo Switch 2 video game consoles on Thursday. The much-anticipated Switch 2 is an upgrade to its eight-year-old predecessor with new social features meant to draw players into online gaming. Nintendo is counting on the Switch 2 to boost sagging sales. Register for free to read this story Register and create a profile to get access to our free stories. You'll also unlock more free stories each week.

Nintendo Switch 2 launches globally with shortages expected
Nintendo Switch 2 launches globally with shortages expected

Irish Times

time2 days ago

  • Irish Times

Nintendo Switch 2 launches globally with shortages expected

Nintendo's Switch 2 launched on Thursday and is widely expected to be in short supply globally amid pent-up demand for the more powerful next-generation gaming device. 'The level of demand seems to be sky-high,' said Serkan Toto, founder of the Kantan Games consultancy. The Switch launched in 2017 and followed the underperforming Wii U. The home-portable device became a juggernaut with games including two Legend of Zelda titles and COVID-19 pandemic breakout hit Animal Crossing: New Horizons. The Switch 2 bears many similarities with its predecessor but offers a larger screen and improved graphics and debuts with titles including Mario Kart World. READ MORE 'The much larger audience of Switch users should translate to stronger adoption in the opening part of its lifecycle,' said Piers Harding-Rolls, an analyst at Ampere Analysis. 'Nintendo is better prepared this time around' to deal with the high demand, he said. The launch of the $499.99 Switch 2 is a test of Nintendo's supply chain management during US President Donald Trump's trade war. Nintendo last month forecast sales of 15 million Switch 2 units during the current financial year. President Shuntaro Furukawa said Nintendo will strengthen production capacity to respond to strong demand and focus on sales promotion in an effort to exceed the forecast. The company, which is known for conservative forecasts, also expects to sell 4.5 million Switch units. Nintendo said it received 2.2 million applications for its Switch 2 sales lottery on its My Nintendo Store in Japan. Pre-orders at Target sold out in less than two hours. 'You are looking at weeks or months until you can walk into a store and buy a Switch 2,' said Toto of Kantan Games. Investor expectations for the new device are similarly lofty. Nintendo's shares are trading near highs and have gained almost 30 per cent this year. Concerns include whether momentum for the Switch 2 will be sustained after hardcore gamers have upgraded. 'The volume of first-party games on offer at launch isn't as strong as it could be, so some more casual users may wait and see how the games available build over the next one to two years before making the leap,' said Ampere's Harding-Rolls. Ampere forecasts Switch 2 sales to exceed 100 million units in 2030. Nintendo has sold 152 million Switch units in total. - Reuters

Gamers line up for Nintendo Switch 2 launch with global shortfall expected
Gamers line up for Nintendo Switch 2 launch with global shortfall expected

RTÉ News​

time2 days ago

  • RTÉ News​

Gamers line up for Nintendo Switch 2 launch with global shortfall expected

Gaming fans queued up for the launch of Nintendo's , opens new tab Switch 2 today, which is widely expected to be in short supply globally amid pent-up demand for the more powerful next-generation gaming device. "The level of demand seems to be sky-high," said Serkan Toto, founder of the Kantan Games consultancy. In the Ikebukuro shopping district of Tokyo, dozens of successful applicants to a sales lottery by electronics retailer Bic Camera lined up before the store opened to collect their devices. "I feel like I'm going to cry," Yumi Ohi, a 30 year-old delivery contractor, told Reuters. Ohi had missed out in other lotteries and had come from Saitama prefecture, adjacent to Tokyo, to receive her Switch 2. Nintendo has sold 152 million Switch home-portable devices since launching in 2017. It became a games juggernaut with titles including two "The Legend of Zelda" titles and COVID-19 pandemic breakout hit "Animal Crossing: New Horizons". The Switch 2 bears many similarities with its predecessor but offers a larger screen and improved graphics and debuts with titles including "Mario Kart World". "The much larger audience of Switch users should translate to stronger adoption in the opening part of its lifecycle," said Piers Harding-Rolls, an analyst at Ampere Analysis. "Nintendo is better prepared this time around" to deal with the high demand, he said. The launch of the $499.99 Switch 2 is a test of Nintendo's supply chain management during U.S. President Donald Trump's trade war. Nintendo last month forecast sales of 15 million Switch 2 units during the current financial year, as well as 4.5 million Switch units. President Shuntaro Furukawa said Nintendo will strengthen production capacity to respond to strong demand and focus on sales promotion in an effort to exceed the forecast. Nintendo said it received 2.2 million applications for its Switch 2 sales lottery on its My Nintendo Store in Japan. Pre-orders at Target sold out in less than two hours.

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