I’m not a lawyer either, but I think you’re missing some aspect of intent that would be required to make it against the law.

Rivian for example was (is?) selling their cars at a negative gross margin because they couldn’t sell them for a profit for years. If you can’t sell something at a loss, so many businesses would be breaking the law when they start out.

If the intent was to destroy another company by doing it, then that could fall under anti-competitive laws. In this case, the intent isn’t to destroy other hardware, it would be to help stabalize the ridiculous increase in prices knowing they could make it up in game sales.