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Tom’s Hardware
Tom’s Hardware
Technology
Matthew Connatser

SSD prices predicted to skyrocket throughout 2024 — TrendForce market report projects a 50% price hike

Samsung 990 Pro SSD.

A report from TrendForce predicts NAND flash prices will surge by 50% in the short term, eventually resulting in higher prices for SSDs. NAND chips have already gotten more expensive in the second half of 2023, but they're set to increase even more as flash manufacturers attempt to return to profitability.

The 50% figure given by TrendForce is the goal of companies like Samsung, SK hynix, and Micron, which produce much of the world's NAND. From today's prices, an increase of 40% will reportedly get these companies back to breaking even, and a rise of 50% will mean profits instead of the losses that threatened bankruptcies earlier this year.

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