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BlackBeauty said:
Who said Nintendo is competing with the other 2?

A power increase isn’t an indication of them competing anything.

If it means Nintendo can build unique experiences based on the extra power (full blown wireless vr, 5g capable, etc) then its more than welcomed.

Nintendo is competing with Sony and Microsoft just not directly. It's more like how Apple is competing with PC's.  They compete with PC's with a differentiated product however they are not competing as directly as say two companies that make competing Windows computers. Yes, Apple tries to get as much Windows based program available on their computers but also create their own exclusive software.