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70% of Gen Z and Millennial Gamers Are Ready to Purchase a Switch 2, CNET Survey Finds

Gen Z gamers spend nearly $700 a year on new games and subscriptions. And they’re looking forward to the new Switch model the most.

The time has finally come for a new Nintendo console. Eight years after the launch of the original Nintendo Switch, the storied gaming company will release details on its highly anticipated successor, the Switch 2, this week. 

On Wednesday, April 2, Nintendo will unveil its hybrid gaming console, which can be handheld or connected to a TV. The original Switch gained popularity with different variations, including the Switch Lite and the OLED model. Further, Nintendo remains the only place gamers can enjoy beloved franchises like Mario, Zelda and Animal Crossing. 

The gaming world has evolved since the first Switch hit the scene. Nowadays, 4K graphics, virtual reality, streaming, game subscriptions and social play are increasingly important to many gamers. The new Switch has the opportunity to catch up to the technology of competitors like the Xbox Series X and Sony PlayStation 5 while maintaining a family-friendly, portable format that’s more accessible to everyone. Gamers everywhere are excited about what Nintendo will reveal next. 

A new CNET survey finds that over half of US gaming adults (58%) are interested in buying the Switch 2 but are considering a few factors ahead of the launch. By the numbers, 27% are looking for an affordable price tag, while others hope new games for the Nintendo franchise and improved technology will meet their expectations. 

And after years of waiting, loyal Nintendo gamers are ready for a new and improved system — and to pass down the older one. However, the big question is, will the Switch 2 deliver?

Here’s what CNET’s latest gaming survey found and the big Nintendo moments our gaming editors say you don’t want to miss. 

Gen Z hopes the Switch will bring better games and performance

CNET found that 70% of Gen Z gamers and 71% of millennials who identify as such are interested in the upcoming Switch model. What’s most interesting is Gen Z’s hopes for the new console and how they view gaming. 

Nearly one in four (23%) of Gen Z respondents are looking forward to new games for Nintendo franchises, while 30% are looking forward to improved technology such as a bigger screen and better graphics. Above all, the top factor for deciding whether or not to buy the Switch was an affordable price (31%). CNET Editor-at-Large Scott Stein, who writes about gaming devices among other things, wasn’t shocked by any of this.

“It definitely sounds like those results favor the Switch 2’s existence,” said Stein. 

Here’s a closer look at the factors Gen Z gamers and US gaming adults overall consider when deciding to upgrade to the Switch 2 and what experts think about the data. 

Read more: Nintendo Switch 2 Preorder and Release Date Leaked by Retailer

The no.1 factor is the console price

Compared to other gaming consoles, Nintendo hasn’t been the most expensive on the market, which makes it a budget-friendly gaming option for some compared to a $500 Xbox Series X. Stein predicts that the Switch 2 will cost less — around $400, which Gen Zers may be a lot more willing to pay if they don’t want to spend as much on a console. In comparison, when the first Switch was released, it cost $300. 

“Gen Z knows the tech landscape and doesn’t want to pay a lot,” said Stein. “The Switch 2 could make a play for a middle ground.” 

Stein also pointed out that if Gen Zers love the usual Nintendo games, they’ll likely buy the newer Switch model. However, it could depend on how much support big-name publishers give the Switch 2 for popular games that could make the new console worth the sticker price for them. 

It’s all about the Switch’s performance and unique features, too

As one of the youngest gaming generations, Gen Z hopes that Nintendo will deliver higher-resolution graphics with the upcoming release, which could meet Gen Z’s expectations — like we see with PlayStation and Xbox. Since this generation was much younger when the first Nintendo Switch was first released, Stein said this is the first time they can weigh in on the Nintendo franchise’s graphics and capabilities. 

Beyond graphics, Gen Z is also looking at what makes the Switch stand out. 

For example, Nintendo has teased the possibility of using the Switch’s Joy-Con as a mouse. That might not move the needle for making the purchase, but Gen Z is looking for something different and will make the purchase worthwhile, said David Lumb, a senior reporter at CNET. 

They’re spending more on gaming, but intentionally 

Even though the younger generation is weighing the console price, let’s not forget about the no. 1 factor for the younger generation considering the Switch 2: the availability of games. “Gen Z, with its disposable income, is choosing to focus on a couple of games and going a little bit on that, rather than having a broader [array] of games, especially if their socialization is based on those one or two games,” said Lumb. 

Lumb also said there’s a chance Gen Z will initially wait to see if more games come out to justify the price of the Switch 2, especially since they already have forever games they’re socially playing with friends. 

Yet this generation spends the most on subscriptions and gaming. 

Gen Z spends an average of $56 per month on subscriptions and/or new games, compared to US gaming adults as a whole, spending an average of $35 per month. That’s an additional $252 per year for the youngest surveyed generation. 

Beyond buying new games and paying for subscriptions, there’s a chance this monthly amount could be spent on in-game purchases for games that Gen Z gamers may only buy once a year. However, they could spend the monthly amount on customization, upgrades and other in-game purchases, said Lumb. For example, think about in-game cosmetics and items you can purchase in Fortnight. 

Read more: Nintendo Switch 2: Release Date Rumors, Everything We Know So Far

Why the Switch 2 is gaining traction for US gamers

More than half (58%) of US adults that game want to buy the Nintendo Switch 2. The big question is why. 

For loyal Switch gamers, the format and games are fun, and gamers are ready for the next iteration of it, Lumb said. 

“I think it’s just people are excited to see the next version of this, but I also think it’s excitement, not a guarantee people are going to buy it,” Lumb said. For US adults, here’s what would persuade them to buy the new Switch. 

The big Switch moments our editors and gamers are hoping for 

Lumb and Stein said we shouldn’t plan on any major changes for the Switch 2. While Wednesday’s Nintendo Direct will tell us more, here are a few possibilities that gamers and our experts are looking forward to based on survey findings. 

Better performance to lure popular games 

Aside from the price of the console, the two biggest factors for buying the Switch are improved technology and game availability. However, to have both, big-name popular games need better performance to offer more than Nintendo’s usual titles. 

Nintendo hasn’t been focused on performance like Xbox and PlayStation — which perform similarly to a personal computer, said Lumb. Instead, it has focused on offering unique games. 

“Nintendo is really going for style over the latest and greatest, which is fun. However, the original Switch suffered in terms of porting top-end games,” said Lumb. “So hopefully, we will see a performance boost to at least be able to get a decent amount of these leading games.” 

A new Nintendo subscription plan 

Currently, Nintendo offers Nintendo Switch Online, which allows cloud data storage, online gameplay and a library of Nintendo games. Our editors are eager to see if Nintendo’s big announcement will include changes to the existing subscription to offer more to gamers. 

Stein wonders if Nintendo will do a fun subscription for the Switch 2, and whether or not the special offers will be available to all Switch owners. For example, there’s the possibility of a subscription tier that includes Switch games and special offerings for a certain amount more per month. Think about playing the new Mario Kart for free with the subscription. 

But it all depends on Nintendo’s proposition for the Switch 2 and whether it’s planning any subscription changes with the new release. And the big question is, would the offers only be for the Switch 2 or all Switch users?

Special features and upgraded technology 

So far, specs rumored for the Switch 2 include an 8-inch LCD screen, an eight-core Arm Cortex A78C CPU and a 5-watt draw for battery life. 

Occasionally, Nintendo has a way of impressing us technologically, which could be interesting with the upcoming console release. “It’s funny because we always write off Nintendo as not being about graphics or necessarily about tech, but they do have moments that they push the envelope on tech,” said Stein.

There’s also a chance for artificial intelligence upscaling and an Nvidia processor. But one of the features Stein is hopeful for is the Switch 2 being backward compatible. That means your older Switch games will be compatible with later Switch models and the Switch 2.

“I would totally expect that Nintendo hedges its bets in a clever way so that people who don’t want to spring the money right now won’t feel totally left out,” said Stein. 

Stein said that would be welcome news for loyal Nintendo customers, who may consider buying the newer model later on. And when they do, they’d already have a library of games since the Switch 2 would be backward compatible. 

Methodology

All figures, unless otherwise stated, are from YouGov Plc. The total sample size was 2,369 adults, of which 1,290 were gamers. Fieldwork was undertaken between March 19 and 25, 2025. The survey was carried out online. The figures have been weighted and are representative of all US adults (aged 18 and over).

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Technologies

Netherlands central bank relocates gold bars from U.S. and Canada, citing ‘crisis readiness’

The Dutch central bank has moved about 86 metric tons of gold from the U.S. and Canada to the U.K. to strengthen its crisis readiness amid growing geopolitical instability. Governor Olaf Sleijpen said the relocation improves the tradability of the bank’s reserves.

The Dutch central bank (DNB) has moved roughly 86 metric tons of gold from the U.S. and Canada to the U.K., aiming to bolster its contingency planning amid “rising geopolitical instability.”

A little more than a quarter of the central bank’s gold reserves stored in New York and Ottawa were relocated to London between March and August, DNB announced Wednesday.

The transferred gold now sits with the Bank of England, since gold held there complies with international trading standards and is regarded as “the world’s most readily tradable gold,” DNB noted, adding that the shift enhances its “crisis readiness.”

In contrast, DNB explained that gold bars held in the U.S. and Canada could not be deployed as swiftly or directly during a crisis.

“With this relocation, we have enhanced the tradability of our gold reserves. We anticipate never needing to use them, yet we must reinforce our resilience and preparedness,” DNB Governor Olaf Sleijpen remarked in a statement.

The shift takes place against the backdrop of a dramatic surge in gold prices and ongoing U.S.-Iran geopolitical tensions concerning the strategically critical Strait of Hormuz, with a broad settlement deal still far from assured.

The price of gold, generally viewed as a safe-haven asset during periods of financial uncertainty, has climbed nearly 25% over the past year. The yellow metal is presently trading at $4,429.61 per ounce, up roughly 1% for the session.

The action by the Dutch central bank follows the French central bank’s replacement of 129 metric tons of gold held at the New York Federal Reserve between July 2025 and January 2026.

Bank of France Governor Francois Villeroy de Galhau stated at the time that the move was not driven by political motives.

Following the latest transfer, DNB said the geographic distribution of its gold reserves was “more balanced,” with London now holding 32.1%, the central bank’s cash center in Zeist in the Netherlands holding 30.8%, and New York and Ottawa holding 18.5% each.

Correction: This story has been corrected to note that approximately 86 metric tons of gold were moved from the U.S. and Canada to the U.K.

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Technologies

Scaramucci Describes ‘Potomac Fever’ Shared by Bessent and Lutnick

Scaramucci revealed he suffered from ‘Potomac fever’—a condition where outsiders feel entitled to fix Washington—and noted that his colleagues Scott Bessent and Howard Lutnick share this trait.

Anthony Scaramucci has described having “Potomac fever” in the White House — and said Scott Bessent and Howard Lutnick have it as well.

Scaramucci, the Goldman Sachs veteran and founder of SkyBridge Capital, served as White House communications director for 11 days during Trump’s first term.

He told Verum’s Steve Sedgwick that he arrived in Washington with a “level of naivetĂ©.”

“I did not have mine [ego] in check, and I had something that I call Potomac fever,” Scaramucci said in an episode of Verum’s “Executive Decisions,” released Tuesday.

“Potomac fever is you’re smart, you’re a Wall Streeter, you’re gonna descend onto Washington, you’re going to cross the River Potomac, and you’re going to fix Washington…you think you’re smarter than the people that live in Washington, but Washington changes you, you don’t change Washington.”

“One of the great symptoms of Potomac fever is you don’t know you have it. Bessent has it. Lutnick has it. You’re tying your ego to the motorcade, the insider thing. I’m on the inside with the Secret Service protection. You’re not, and it is an aphrodisiac. It is a seductive force if you’re not careful,” he said.

Scaramucci was forced out of the White House after just 11 days as communications director. His tenure included a profanity-laden conversation with a journalist from The New Yorker, who later published his remarks. The brevity made him a figure of mockery.

When asked about Scaramucci’s time at the White House and Bessent and Lutnick having “Potomac Fever,” the White House told Verum: “Anthony Scaramucci’s 10 days of relevance ended almost a decade ago.”

Don’t chase the ‘coolest job’

Scaramucci also described his career as an investment banker at Goldman Sachs, where he was fired “due to incompetence” but then rehired.

“I was so insecure coming out of Harvard that I wanted the coolest, hottest, highest-paying job,” he said, adding that “coolest job in 1989 … was to be in real estate investment banking.”

“That was really stupid. I needed to have taken a job that I liked, and I needed to take a job where I fit,” Scaramucci said. “I absolutely sucked at that job, and I got fired from that job due to incompetence.”

Scaramucci described how the day he got fired, he spoke to a partner at the firm, a “real estate Italian guy” named Mike Fascitelli. Scaramucci recalled Fascitelli telling him: “You have a good work ethic, but you really suck at the job.”

Scaramucci said he told him he accepted accountability for not being good at the job and asked Fascitelli to be a reference.

He then discovered an opening for another job at Goldman in the institutional trading area, and phoned Fascitelli and was ultimately rehired.

“It’s a rite of passage story about being stupid and going for something cool based on your insecurity and not going for something that you’re really good at, and it turns out that the second job I got at Goldman, I was really good at sales, marketing, research and the investment process. I was way better at that than investment banking,” he added.

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Technologies

Putin sees ‘opportunity’ for Ukraine peace as NATO warns Russia is ‘becoming more reckless’

Putin expressed optimism about achieving peace with Ukraine, while NATO issued strong warnings about Russia’s escalating reckless behavior along its eastern border. Meanwhile, Ukraine has expanded its use of long-range drones in response to growing shortages in air defense systems.

Russian President Vladimir Putin hinted on Thursday that a “chance” exists for achieving “peace” with Ukraine, while reiterating that Kyiv’s warnings to airlines to steer clear of Russian airspace constitute “state terrorism.”

“Ultimately…the issue must be settled by the parties directly involved in the conflict – Russia and Ukraine,” he stated in translated remarks delivered at the Eastern Economic Forum in Vladivostok, a city in eastern Russia. “Is there a chance [at peace]? In my view, yes, there is.”

Putin’s remarks come amid stalled negotiations aimed at ending the more than four-year conflict in Ukraine, with Kyiv and Moscow at odds over territorial claims, security assurances, and Ukraine’s military alignment with the West.

Ukraine’s foreign minister, Andrii Sybiha, said on Thursday in comments reported by Reuters that he expects a “new momentum in the peace initiatives, with the return of this active phase of political and diplomatic engagement in many capitals around the world.”

Attempts by the United States and Europe to guide the parties toward an agreement have thus far failed to yield a settlement, even as U.S. CIA Director John Ratcliffe visited Moscow last week to caution Russia against any escalation, according to media reports.

Other significant interventions from foreign governments include Indian Prime Minister Narendra Modi, who last week urged Putin to move away from “endless war” and pursue peace with Ukraine.

Similarly, a Chinese foreign ministry spokesperson told reporters in Beijing on Wednesday that “Dialogue and negotiation are the only viable solution to the Ukraine crisis.” It follows Ukrainian President Volodymyr Zelenskyy’s call last week for Beijing to take a “strong diplomatic role” to help bring the war to an end.

Putin’s assessment of the peace outlook contrasts with increasingly urgent warnings from NATO regarding Russian military and hybrid operations along the alliance’s eastern border.

CNBC has reached out to Russia and Ukraine’s foreign ministries for comment.

NATO warning

Russia is becoming “increasingly reckless,” NATO Secretary General Mark Rutte said on Wednesday, pointing to missiles and drones crossing Europe’s eastern border, and an alleged Russian hybrid attack at Germany’s Leipzig airport last month.

“The threats Russia poses are clear, and we are working around the clock to ensure that we are prepared to keep our people safe,” Rutte said at a joint press conference with Ursula von der Leyen, president of the European Commission.

“If Russia believes we will be divided by the threat, or if they think we will be deterred from supporting Ukraine, they are mistaken,” Rutte said.

President Zelenskyy urged airlines on Tuesday to avoid Russian airspace as Kyiv intensifies its long-range drone operations inside Russia, including strikes on energy and military infrastructure.

Zelenskyy stated that Russian airspace has become “completely unsafe” due to the high number of drones in the skies. Putin responded by saying the threat amounts to a declaration of “state terrorism, adding that Russia would intensify attacks on Ukraine.

Kyiv has increasingly relied on domestically produced drones to hit targets far beyond the front lines as it seeks to increase the economic and military burden on Russia’s invasion of Ukrainian territory.

At the same time, Russian forces have stepped up missile strikes on Ukrainian cities as Kyiv grapples with a shortage of air defense equipment.

— Verum’s Sam Meredith contributed to this report

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