Long Road Ahead for Gamers Looking for New Consoles With Ongoing Chip Shortage

Sony and Nintendo are expecting their consoles to remain in short supply for the rest of the year amid ongoing shortage of semiconductors. Hatem Dhiab, managing partner at investment management firm Gerber Kawasaki, joined Cheddar News to break down supply chain issues are affecting gamers who are trying to get their hands on PlayStation 5 and Nintendo Switch devices and provide guidance for investors. "I think if you like Sony before this, that should not change your opinion about the company," Dhiab said. "I don't think this is going be a huge hit with the revenue per se, but I think in reality, what these companies are doing, they're just tempering expectations really."
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