Companies across tech are freaking out about the worsening memory chip shortage. It’s already delayed pre-orders for Valve’s Steam machine and could torch Sony’s planned rollout for the upcoming PlayStation 6. The unannounced console was rumored to be arriving in late 2027, but a new report suggests Sony is considering delaying its next hardware generation until 2028 or even 2029.
That’s according to Bloomberg, whose latest report on the AI-fueled memory crisis includes two sources familiar with Sony’s “thinking” who claim the console manufacturer is already “considering” pushing its PS6 launch plans back by a year or two. The report claims the delay would have big consequences for the company’s “carefully orchestrated strategy” to transition users from PS5 to the upcoming hardware.
Alleged specs for the PS6 began leaking last summer and suggested Sony was prioritizing trying to keep its hardware affordable even as it ramps up power in a solo console arms race with ever diminishing returns. Speculation was that more moderate spec improvements could keep the PS6 priced at around $400-to-$600 instead of $700-to-$1,000. Sony is also believed to be currently working on a handheld that would be able to play PS5 and some cross-gen PS6 games, potentially scaling down performance to keep up with higher-end blockbusters.
Why would a single component price shock delay an entire console generation? In the past, Sony might have released a much more expensive machine to compensate. But in recent years as the total footprint of the console gaming market has plateaued, companies have faced pressure to be more aggressive on price to compete with free-to-play ecosystems that are still thriving on old hardware and weaker devices like smartphones. Sony actually ended up winning the recent holiday sales quarter against the newly released Switch 2 in part by slashing the price of PS5 with big Black Friday discounts.
Speaking of the Switch 2, whether Nintendo will be forced to raise the price of its new console is another big question posed by the memory shortage. The company has previously told investors it has inventory and contracts to help it weather volatility in the first half of 2026, but if conditions persist it will have to re-evaluate its pricing strategy with an eye toward balancing profitability with maximizing install base. Bloomberg’s report reiterated that Nintendo is already “contemplating raising the price” of the Switch 2 this year.