Nintendo Says AI Memory Inflation Could Add Nearly $700 Million in Costs
Nintendo beats Q1 estimates with 517.8B yen revenue, fueled by strong game sales and tariff refunds. Get the full earnings breakdown!
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Nintendo Co (OTC:NTDOY) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $0.10 by 100 percent. This is a 42.86 percent increase over earnings of $0.14 per share from the same
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Nintendo beats Q1 estimates with 517.8B yen revenue, fueled by strong game sales and tariff refunds. Get the full earnings breakdown!
Read original at benzingaNintendo Co (OTC:NTDOY) affirms FY2026 GAAP EPS guidance from $0.43 to $0.43 vs $0.51 analyst estimate. Affirms FY2026 sales outlook from $13.071 billion to $13.071 billion vs $14.810 billion estimate.
Read original at benzingaDespite a $2.7 trillion market cap wipeout in semiconductors last week driven by fears over rising hardware costs and CapEx concerns, the structural rally in memory chip makers remains intact. The PHLX Semiconductor Index is still up 11% monthly and 99% year-to-date, with memory chip shortages forecast through 2028. Micron Technology exemplifies the sector's strength, gaining over 750% in 52 weeks with 1,358% YoY earnings growth and 85% gross margins.
Read original at investing-com