SSD Price Surge: Samsung and Kingston Hike Prices Amid Market Crisis, Buy Now Before It's Too Late

The crisis in the component market does not subside, and although memory chip prices have somewhat stabilized, the overall situation remains challenging.

Another category of products that are in massive demand due to the boom of data centers for the development and support of AI models is SSD drives, and unfortunately, there is bad news: two of the largest manufacturers are raising prices.

What is known

According to sources in supply chains, Samsung Electronics and Kingston are preparing to almost simultaneously raise prices for solid-state drives.

It has become known that Samsung has already officially notified partners that its SSDs will become more expensive soon, and insiders claim the price will rise by at least 10%. In turn, Kingston Technology from the USA will raise prices for the entire range of SSDs by about 10% this week.

Considering that these companies hold a huge part of the SSD market, there is no doubt that other manufacturers will follow their example; therefore, if you planned to purchase a drive, it's time to do it immediately, especially since experts estimate the crisis may last until 2028, and one should not expect price reductions.

Sources: ITHome