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PS5 and Switch 2 prices set to rise again as memory chip costs more than double

Rising memory chip costs, driven by high demand from AI data centers, are projected to increase hardware component prices by up to 75%. This trend is expected to lead to price hikes for current and future consoles like the PlayStation 5 and Nintendo Switch, and potentially delay next-generation hardware releases. Valve has also acknowledged that these shortages have altered its launch plans for its Steam Machine.

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