SSD: Prices will seriously rise in 2024. Be careful!

As we have been warning in these last weeks of 2023, the year 2024 will mean a serious increase in the price of a component that has been quite accessible, SSD storage.

SSD: Prices will seriously rise in 2024. Be careful!

So, do you still remember our warnings about increases of around 10%, 15%, or 20%? Well, the most recent market studies point to an increase of over 40% in the next 2 quarters, a situation that could worsen in the near future.

Why this aggressive increase?

Well, after a prolonged season of low demand, manufacturers need to get back to green. Which of course means serious price increases, initially a little slower, but aggressive over time, probably in the order of 50~60%.

More specifically, manufacturers of NAND Flash (SSD) and DRAM (RAM) memory chips significantly reduced their production in order to ship the entire product to the warehouse. At the same time, they began to invest in more advanced lines, capable of producing more complex, efficient and more powerful products. The idea was to dispatch the less valuable stock, to start producing chips with a greater margin of evolution, and with a higher percentage of profit.

So, with fewer chips coming off the lines, but all of them faster and more efficient, there is now room to increase prices. Especially because we are going to have a curious revolution in the world of computers with the forceful arrival of AI, and of course, Windows 12 in June or July 2024. – This means an increase in demand! (I thought it wasn’t planned? :P)

When will we start to see serious price increases?

In fact, you can already see some increase in price in the market. Several 1TB SSDs that were priced at €50~60 during Black Friday and Christmas are now available for around €80. Things will only get worse from January onwards…