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Enterprise SSD prices are in for a drop

CPU prices may be headed north, but thanks to an oversupply of NAND flash, SSD prices across the board are declining.

The cause is an oversupply combined with the threat of a recession, according to Taiwanese market research firm TrendForce. The firm said a combination of slowing demand across all segments of the NAND memory business, along with a reluctance to invest in additional capacity, has led to the glut.

Related: Intel, other chipmakers warn of price hikes

As a result, TrendForce predicts consumer product prices will decline 8% to 13% in the third quarter of 2022, while enterprise SSDs will drop 5% to 10% in Q3, and the trend may continue into the fourth quarter if demand doesn’t improve.

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Source:: Network World – Data Center