STM - Should You Invest in These Nintendo Switch Suppliers?
Global demand for Nintendo (OTC: NTDOY) is so great for its Switch hybrid mobile game console that it is reportedly asking suppliers to produce enough components for 25 million units this year, 3 million more than it had asked them for just four months ago.
A combination of stay-at-home orders due to the coronavirus pandemic and massively popular exclusive game titles like Animal Crossing: New Horizons and Mario Kart 8 Deluxe created shortages -- first of the Switch console, then the Switch Lite, which differs primarily in not being able to be connected to a TV.
Image source: Nintendo.