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Gaming Hardware Spending in US for July 2026 Was The Lowest Since 2020, Says Analyst

US gaming hardware spending in July 2026 reached its lowest point since 2020, falling 29% year-on-year to $282 million, according to Circana analyst Mat Piscatella. This downturn affected all platforms, with PlayStation 5, Xbox Series X/S, and Nintendo Switch sales declining, exacerbated by a 16% increase in average hardware prices due to component shortages. Despite overall declines, the Nintendo Switch 2 led in unit sales, while Resident Evil Requiem topped software charts.

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