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An attendee wearing a Super Mario costume uses a Nintendo Switch 2 game console while playing a video game during the Nintendo Switch 2 Experience at the ExCeL London international exhibition and convention centre in London, Britain, April 11, 2025. 

Isabel Infantes | Reuters

Nintendo on Friday announced that retail preorder for its Nintendo Switch 2 gaming system will begin on April 24 starting at $449.99.

Preorders for the hotly anticipated console were initially slated for April 9, but Nintendo delayed the date to assess the impact of the far-reaching, aggressive “reciprocal” tariffs that President Donald Trump announced earlier this month.

Most electronics companies, including Nintendo, manufacture their products in Asia. Nintendo’s Switch 1 consoles were made in China and Vietnam, Reuters reported in 2019. Trump has imposed a 145% tariff rate on China and a 10% rate on Vietnam. The latter is down from 46%, after he instituted a 90-day pause to allow for negotiations.

Nintendo said Friday that the Switch 2 will cost $449.99 in the U.S., which is the same price the company first announced on April 2.

“We apologize for the retail pre-order delay, and hope this reduces some of the uncertainty our consumers may be experiencing,” Nintendo said in a statement. “We thank our customers for their patience, and we share their excitement to experience Nintendo Switch 2 starting June 5, 2025.”

The Nintendo Switch 2 and “Mario Kart World bundle will cost $499.99, the digital version “Mario Kart World” will cost $79.99 and the digital version of “Donkey Kong Bananza” will cost $69.99, Nintendo said. All of those prices remain unchanged from the company’s initial announcement.

However, accessories for the Nintendo Switch 2 will “experience price adjustments,” the company said, and other future changes in costs are possible for “any Nintendo product.”

It will cost gamers $10 more to by the dock set, $1 more to buy the controller strap and $5 more to buy most other accessories, for instance.

WATCH: Nintendo has ‘a lot of work to do’ to convince casual users to upgrade to Switch 2: Kantan Games

Nintendo has 'a lot of work to do' to convince casual users to upgrade to Switch 2: Kantan Games

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How Broadcom’s big OpenAI deal fits into the data center boom and what it means for the AI trade

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How Broadcom's big OpenAI deal fits into the data center boom and what it means for the AI trade

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Oracle CEO Magouyrk: ‘Of course’ OpenAI can pay $60 billion per year

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Oracle CEO Magouyrk: 'Of course' OpenAI can pay  billion per year

Oracle CEO, Clay Magouyrk, sits down with CNBC’s David Faber on Oct. 13, 2025.

CNBC

Oracle CEO Clay Magouyrk, one of the two people tapped last month to lead the software company, is confident that OpenAI will be able to cover the costs of the massive amount of cloud infrastructure services it consumes.

In an interview with CNBC’s David Faber at Oracle’s AI World conference on Monday, Magouyrk said “of course” OpenAI can pay $60 billion for a year’s worth of cloud resources. In July, OpenAI agreed to a five-year deal with Oracle that’s worth over $300 billion.

“Just look at the rate at which they’ve grown to, you know, almost a billion users. That’s just unheard of,” said Magouyrk, who sat alongside fellow Oracle CEO Mike Sicilia for the interview in Las Vegas.

OpenAI said last week that its flagship ChatGPT chatbot, which was publicly launched less than three years ago, now has 800 million weekly active users. In 2024, OpenAI recorded a $5 billion net loss.

Sicilia said Oracle has started integrating OpenAI artificial intelligence models into a patient portal for viewing electronic health records. Oracle acquired EHR vendor Cerner for about $28 billion in 2022.

“I’ve seen the results, and I really do think that they’re going to have a dramatic impact on industries, on enterprises of all types,” Sicilia said of OpenAI.

OpenAI rents out Nvidia graphics chips to run models through Oracle, as well as CoreWeave, Google and Microsoft. At the same time, the company is designing a custom AI processor that Broadcom will build. Earlier on Monday, Broadcom and OpenAI said they will jointly deploy 10 gigawatts worth of the new OpenAI chips.

Building out that much infrastructure requires a hefty amount of new energy.

“I think it’s a factor of time, not a factor of if we’ll have enough power,” Sicilia said.

Oracle shares rose almost 6% on Monday. The stock has gained 86% this year, lifting Oracle’s market cap close to $900 billion.

WATCH: Oracle CEO Magouyrk: ‘Of course’ OpenAI can pay $60 billion per year

Oracle CEO Magouyrk: ‘Of course’ OpenAI can pay $60 billion per year

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Quantum stocks surge after JPMorgan investing push into strategic tech

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Quantum stocks surge after JPMorgan investing push into strategic tech

Quantum computing background concept.

Blackdovfx | E+ | Getty Images

The rally in quantum computing names continued on Monday after JPMorgan Chase announced it as one of the areas it would invest in as part of a new initiative.

The bank said in a release that it would invest up to $10 billion in companies across four areas: supply chain and advanced manufacturing, defense and aerospace, energy technology, and frontier and strategic technologies — which includes quantum computing.

Arqit Quantum, D-Wave Quantum and Rigetti Computing each rose about 20%, while IONQ gained 15% following the announcement. Quantum Computing stock climbed 10%.

“It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products and manufacturing – all of which are essential for our national security,” said CEO Jamie Dimon in a statement.

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The initiative is part of a larger $1.5 trillion, decade-long plan, dubbed the “Security and Resiliency Initiative,” to finance and invest in industries JP Morgan deems critical to U.S. national and economic security.

As one of the 27 specified sub-areas the bank will be focusing on, quantum computing has seen gains as much as triple digits over the past month. Rigetti and D-Wave were up 175% and 130%, respectively.

Tech companies like Google, Microsoft, and Amazon have shown significant interest in gate-model quantum computing, which can potentially solve problems too complex for standard computers.

Rigetti and IONQ quantum computers are accessible through Amazon Braket, a quantum computing service managed by Amazon Web Services.

In February, Microsoft unveiled its first quantum computing chip called Majorana 1, and Google announced its new breakthrough quantum chip named Willow late last year.

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