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Demand for HDDs by AI companies has pushed prices up 20%, more hikes expected

April 11, 2024

Via: TechSpot
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Joining the list of components being made more expensive by the AI revolution are HDDs. Western Digital, one of the largest drive and data storage companies, has already confirmed that both HDDs and SSDs are experiencing supply shortages.

Scott Davis, WD’s SVP of Channel and Regional OEM sales, this week advised customers in a letter (via TrendForce) that there will be price increases on flash and hard drive products this quarter, with some changes coming into effect immediately, as a result of higher-than-expected demand. The company warned customers in December to expect HDD price jumps throughout the first half of 2024.

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