Final Opportunity for Great SSD Deals Before Prices Increase on Black Friday

November 14, 2023

SSD Prices Could Be Heading Up Soon

Recent reports suggest that the falling prices of solid-state drives (SSDs) we’ve been enjoying could soon come to an end. Tom’s Hardware has drawn attention to a DigiTimes report claiming that Phison, a manufacturer of memory controllers for SSDs, is prepaying chip suppliers to secure enough NAND chips in stock.

According to Phison’s CEO, KS Pua, the company is anticipating a potential shortage of NAND chips and is proactively purchasing chips upfront to mitigate potential supply difficulties. This news suggests that we may see a rise in SSD pricing in the near future, as manufacturers pass on the rising cost of producing SSDs to consumers.

As a result, we should expect to see significant price increases for SSDs in the future. Recent trends have shown SSDs maintaining their pricing and even increasing in cost as manufacturers have reduced production to address the excess stock that was driving prices down at the start of this year.

For those looking to purchase an SSD, it would be wise to make the purchase sooner rather than later, especially with Black Friday likely to bring some deals and discounts on SSDs. These upcoming deals may offer the best prices on SSDs for some time, making them a worthwhile investment.