Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
TSMC Accuses Former Executive of Leaking Trade Secrets as Taiwan Prosecutors Launch Investigation 
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature 
ByteDance Unveils New AI Voice Assistant for ZTE Smartphones 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Quantum Systems Projects Revenue Surge as It Eyes IPO or Private Sale 
Amazon and Google Launch New Multicloud Networking Service to Boost High-Speed Cloud Connectivity 
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation 
Coupang Apologizes After Massive Data Breach Affecting 33.7 Million Users 
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup 
Australia Releases New National AI Plan, Opts for Existing Laws to Manage Risks 
Intel Boosts Malaysia Operations with Additional RM860 Million Investment 
Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman 
Apple Leads Singles’ Day Smartphone Sales as iPhone 17 Demand Surges 
YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban 
Nintendo confirmed that its Switch console is sold out across the U.S. While the company has been ramping up production of the gaming hardware it might take some time for supply to normalize.
“Nintendo Switch hardware is selling out at various retail locations in the US, but more systems are on the way,” the company said in a statement, Business Insider reported. “We apologize for any inconvenience.”
Since its launch in 2017, the Nintendo Switch became the fastest-selling console in the U.S. In just three short years, more than 52 million consoles were sold.
But with millions of people forced to stay at home due to the coronavirus pandemic, the demand for the already popular Switch console skyrocketed as families prepare for ways to entertain their children at home. Already hard to find under normal circumstances, the console quickly became sold out across the country.
The Nintendo Switch is already out of stock in major retailers such as Walmart, Best Buy, Amazone, GameStop, and Target. The only option is to get it through third-party resellers on Amazon but the consoles are offered from $475 to nearly $500, a rather steep price compared to its $300 MSRP, according to Forbes.
The good news is that Nintendo is already aware of the availability issue and is taking steps to correct it. The bad news is that gamers might have to wait a bit longer for the consoles to be available once more.
Nintendo has been ramping production of the Switch console. But it won’t still be able to meet the demand of the console by April. “April is going to be a fairly rough month in terms of supply,” Niko Partners Senior Analyst Daniel Ahmad said. “It's not going to recover.”
The analyst estimates that supply will be able to meet demand by June. “We think that by May, and especially June — the end of Q2 — things will be back to normal with supply,” Ahmad added. “And that's because right now, production is ramping up. So we'll start to see the effects of that come late May, June — certainly by the end of Q2.”
