[Edward64]

Good luck!

Nintendo has become the latest victim of a global chip shortage that is battering supply chains.

The Japanese company reduced its forecast Thursday for sales of its popular Switch console by about 6%. It now expects to sell 24 million units by the end of the fiscal year, which concludes next March, down from a previous projection of 25.5 million units.

The cut is largely due to the shortage of chips used in its hardware, which has caused production snags, the company said in an earnings presentation.