So, uh, collusive behavior?
It wouldn’t even be the first time for them.
Probably not even the tenth time.
They lost billions of dollars due to production being way higher than demand during 2023, it’s only collusion in the sense that they all want to actually make some money on the NAND they manufacture.
What a surprise, capitalists can’t keep making more money quarter after quarter so instead they just rack up the prices for no reason other than the c-suite wants more bonus money.
Fucking PATHETIC and reprehensible
So, price fixing doesn’t exist in communism?
How about pragmatism: real solutions to real problems.
Real solutions exist. Step 1: don’t legalize bribery.
Now you’re getting it!
Love how everyone’s argument for capitalism is just ‘well communism sucks too’.
Good job regurgitating half a century’s worth of propaganda, no one mentioned communism and there’s more than just 2 ways to run q society
I was born and have lived in a communist country. It doesn’t “suck too”, it gets you killed. Good job regurgitating garbage tired internet arguments.
Dictators and authoritarianism get you killed. Some capitalist countries have also have these things and, oddly enough, people also die for the same reasons. Could it be… the economic model actually isn’t the issue?
Except there are democratic capitalist countries, all communist countries are dictatorships.
Ahhh, the old “I know nothing about what I’m talking about so I’m going to keep making things up” defense. Classic move and stunningly performed. I can tell you have practice.
The classic: I’m not going to disprove you because I cannot name one communist country that isn’t a dictatorship, but I want to sound cool nonetheless. Well done.
How’s the Che Guevara t-shirt made in a sweatshop doing?
You keep raising the prices and I keep not buying.
They are rising from rock bottom, I just bought a 4tb gen 3 nvme for $230 Cad
How fast is it? A lot of m.2’s are cheap because they’re slow.
It is so frustrating trying to buy a nvme ssd because they make it so unclear which models have DDR and which don’t. I tried to buy one recently to upgrade a family member’s computer and was wondering how a non technical person has any chance of finding something decent.
Seriously, a lot of weirdly negative comments here.
Yeah, it’s not great that prices go up, but a few months ago was the lowest price for memory and storage we have ever seen in all of history. 40€/TB at the low end for SSDs. That’s absolutely insane. It was entirely expected for prices to rise a bit again.
Well, I saw this coming and got a new 2TB SSD before 11.11 even. Though now thinking if I should have gotten 4TB instead. xD
Also, this kinda is like collusion, no?
Maybe that’s their real play here? Put out a bunch of news about upcoming price hikes, and watch everyone scramble to buy up their current stock.
And then in 5 years they’ll all settle for a few million dollars in a class action for price fixing. Rinse, repeat.
Too late, I was buying up a bunch of high TBW solid state drives the last ~2 years, even this Black Friday/Boxing Day there were a few last deals.
My focus was mostly on Intel Optane leftovers, but also Samsung Pro (NVMe, SATA, even microSD), Kingston enterprise (DC500M/DC600M/DC1500M, NVMe, SD/microSD), even some Seagate Nytro SATA/SAS enterprise drives, Crucial MX500, WD Red, and a bunch of other brands.
I’m a data hoarder organizer for family/relatives/friends I regularly give tech support for and myself. I love to recycle old PC I’ve build previously into NAS, media center, NVR or whatever new projects or ideas they come up with.
Unfortunately, I may have missed out on some great DDR4 and DDR5 deals I saw but was thinking it was not immediately necessary 🫤… oh well… we win some and lose some.
Of course they are because they see line go up.
The main factor is normally panic article like this.
“Hey, the price is going to go up later this year!”
*people buy now*
*demand goes up*
*price goes up*
Nobody is buying so let’s increase the price. Makes a lot of sense. Good job guys.
They drastically increased production after covid, and then with inflation and the economy slowing down, demand crashed, meaning they had a fuckton of NAND and nobody to sell it to. They needed to get rid of it so they sold it all at a steep discount below the break even mark, losing billions of dollars in the process (I don’t think any NAND manufacturer had a profitable 2023?). Now, they’re cutting back production to profitable levels that actually meet demand, so prices will increase and return to normal.
Yup, Meta is buying $9 Billion of GPUs but no SSDs. Nope!
They store the fake news in GDDR6X.
If people generally atent buying, there’s still People that need to buy (businesses, oems, etc)
They’re just doing the ol covid ratchet. Tightening the thumbscrews on the people who can’t opt out.
Doesn’t affect their bottom line much if nobody’s choosing to buy.
I feel like China enacting protectionist policies on lithium will do more to drive up chip prices. People are broke right now, so choking out the retail supply of chips to artificially raise prices will just result in miserable quarters for Micron, Hynix, and Samsung.
