… The company is also about to conduct its third and final phase of its cost reduction program, which could entail more layoffs at key studios and divisions. The company wants to reduce its costs to 1.25 billion euros per year, and at the end of FY26, its cost base was at 1.435 billion euros. …
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… We think it's in Take-Two's self-interest, as a publisher and partner to many developers, to raise the price point for the entire industry," Dessouky said. …
… From the get-go, Nintendo has said from the start that the Switch 2 costs more to make than the Switch 1, leading to a $499 asking price which will jump to $549 on Sept 1 . …
… 2 VIEW GALLERY - 2 IMAGES "The buildout of AI factories, the largest infrastructure expansion in human history, is accelerating at extraordinary speed," said Jensen Huang, founder and CEO of NVIDIA. …
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… 4 VIEW GALLERY - 4 IMAGES The Switch 2 generation is proving to be much more expensive to maintain than its predecessor's. …
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… Intel is raising chip prices to offset production costs, as reflected in its Q2 guidance of $13.8 to $14.8 billion. …