Perspective: Here’s some good news for those looking to upgrade their SSDs from next month. Analyst firm TrendForce reports that consumer SSD prices are expected to fall 3-8% during the third quarter as a result of oversupply of NAND.

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Trendforce writes that while order support continues, demand for SSDs has fallen from last year’s levels, when work from home was the norm and more people were buying computer hardware.

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There are other well-known factors behind the decline in demand for SSDs: the global economic downturn and rising inflation are affecting how much people are willing to spend. This has led companies, especially Chinese smartphone makers, to cut stocks. Thus, there is an oversupply in the NAND flash market.

Another thing is when it comes to enterprise SSDs. TrendForce expects global enterprise SSD purchases to grow 10% quarter-on-quarter, driven in part by hyperscale data center orders, meaning the price of these SSDs is forecast to remain flat.

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Chromebook demand is noted to have continued to decline from Q2 2022, meaning prices for eMMC storage used in machines (and the cheapest version of Steam Deck) are projected to drop 3-8% in Q3 – just no need. Don’t expect these devices to become cheaper for consumers.

Decreased sales and oversupply mean that TLC and QLC NAND wafer prices continue to fall. They fell 8-13% in the second quarter and are expected to fall 5-10% in the third quarter.

After what seems like an eternity of high prices and hard-to-find components, PC builders can finally start enjoying their hobby again, especially with RTX 3000 cards below MSRP in the first month since the launch of Ampere.

Head credit: KenSoftTH