SSD drives have started to be worth more money in the final weeks of 2023, and everything indicates that they will increase another 40 or 50% in 2024. The reason is the rise in the price of NAND flash memories, which SSDs use to store data.
I have been keeping track of a 1 TB M.2 SSD for months that, for various reasons, I have been delaying its purchase. During 2023 it has had an average price of 75 or 85 euros, reaching its lowest price on Black Friday, where it was worth 66 euros. Today, its price is around 95 euros.
2023 has been a disastrous year for NAND flash memory manufacturers. Micron lost $2.3 billion in the first quarter of the year alone. The reason is that, After the pandemic, computer sales have plummeted.
SSDs will rise in price by 30 or 40% in 2024
NAND memory manufacturers like samsung have reacted reducing production by half. As there is less stock, prices end up rising, as we are seeing.
According to the report published by TrendForce, in 2024 the price of NAND flash memory will rise by 50% in 2024.
This component is basic for SSD units, and the one that most influences their value, which implies that The global price of an SSD drive may rise by 30 or 40% in 2024.
The expected increase in demand for laptops will contribute to this, thanks to the arrival of AI PCs, or PCs with artificial intelligence, in several of their key components: processor, GPU, motherboard, operating system, etc.
So you already know: If you have to buy an SSD, do it as soon as possible. Its price is going to skyrocket in 2024. Something tells us that it won’t be the only thing that goes up…
