SSD Prices Expected to Rise Due to Potential NAND Chip Shortage
A few months ago, there was talk that SSD prices were falling, but recent reports suggest a different story. According to a DigiTimes report highlighted by Tom’s Hardware, Phison, a manufacturer of memory controllers for SSDs, is prepaying chip suppliers to ensure it has enough NAND chips in stock for future needs. This signals a potential shortage of NAND chips, which means SSD production costs will increase, and those costs will be passed on to consumers.
KS Pua, the CEO of Phison, warned that a shortage of NAND chips could drive up pricing for SSDs. As a result, we might see significant price increases for SSDs in the future. This shift comes after a period of falling prices earlier in the year, driven by an oversupply of SSDs. With manufacturers now cutting production, prices are holding steady or increasing.
The advice for consumers is, if you’re in the market for SSDs, now might be the time to buy. Black Friday is also expected to bring some discounts on SSDs, making it a good time to make a purchase. These are likely to be the best deals on SSDs for the foreseeable future.
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