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That’s definitely good news for anyone looking to buy an SSD, as there’s a big price cut coming.

Market analyst firm TrendForce reports that prices for consumer solid-state drives are expected to fall by 3-8% in the third quarter due to a glut of NAND.

While still supported by orders, demand for solid-state drives has fallen from last year’s levels, when working from home was the norm and more people were buying computer hardware. There are other familiar factors behind the cooling demand for solid-state drives: a global economic downturn and rising inflation are affecting how much people are willing to spend. This has caused companies, especially Chinese smartphone makers, to reduce stocking. As a result, there is an oversupply in the NAND flash market.

Global enterprise SSD purchasing power will grow 10% quarter-on-quarter, driven in part by orders for hyperscale data centers, meaning prices for these SSDs are expected to remain flat.

Declining sales and oversupply mean prices for TLC and QLC NAND wafers continue to decline. They were down 8-13% in the second quarter and are believed to be down 5-10% in the third quarter.

SSDs are cheap again: flash prices will drop dramatically

If you need to reprint, please be sure to indicate the source: Fast Technology

Responsible editor: Snowflakearticle error correction

Hashtags: solid-state drive flash memory price reduction

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The post Oversupply of NAND!The price of SSD will be greatly reduced in the next quarter, and the price drop will not be small appeared first on Gamingsym.