Comment on SSD prices predicted to skyrocket throughout 2024 — TrendForce market report projects a 50% price hike | Tom's Hardware

A_Random_Idiot@lemmy.world ⁨1⁩ ⁨year⁩ ago

• roofuskit@lemmy.world ⁨1⁩ ⁨year⁩ ago

  They all cut way back on manufacturing last year due to the price drops from significantly reduced demand. So it’s 100% expected that prices will go up because they’ve created a reduced supply.

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  • billwashere@lemmy.world ⁨1⁩ ⁨year⁩ ago

    It’s like there is a SSD OPEC.

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    • roofuskit@lemmy.world ⁨1⁩ ⁨year⁩ ago

      There’s an unofficial open for everything these days, food, medicine, computer components, etc…

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  • trafficnab@lemmy.ca ⁨1⁩ ⁨year⁩ ago

    They’re reducing supply because they can’t make any money with this supply/demand mismatch, Micron for example didn’t have a single profitable quarter and lost something like $6B total over the course of this year

    The only reason SSD prices have been this low is because we’ve been paying less than the cost to produce them as they try to recoup some of their losses and shed inventory

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  • 4lan@lemmy.world ⁨1⁩ ⁨year⁩ ago

    so they are treating computer parts like diamonds now? Faking supply shortages to increase demand, therefore prices?

    Capitalism is so efficient.

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    • roofuskit@lemmy.world ⁨1⁩ ⁨year⁩ ago

      The graphics card market the last few years has really shown how much money there is to be made doing that. If they all reduce supply together or there simply isn’t anyone setup to compete with them, they can make a killing.

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  • scottywh@lemmy.world ⁨1⁩ ⁨year⁩ ago

    I think they’re underestimating how long reduced demand can continue… Especially when they make things even less affordable.

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• billwashere@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Yep pure market manipulation

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• doppelgangmember@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Butter the bun before the bake

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