Nintendo (NTDOF) could be targeting the largest console launch in its history despite a steep price tag for the Switch 2. New analyst coverage

"The original Switch's Nvidia chip is estimated to cost $80 per unit, while the Switch 2's chip is likely to be in the $130-$150 range," Toyo Securities analyst Hideki Yasuda said. "I wouldn't be surprised if Nintendo goes ahead with $499."

The most encouraging price point comes from the leaker Average Lucia Fanatic, who claimed the Switch 2 will cost just CA$400 — or around US$280. While the leaker did correctly predict both the PS5 Pro and Nintendo Alarmo last year, there’s one incredibly good reason to be skeptical here: He also said the console was due to be launched last week.