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@ 2024/04/28Harddrive makers are increasing the prices of their products, blaming AI for a supply shortage caused by that other dog-ate-my-homework excuse, COVID-19.
Seagate has followed Western Digital in raising the prices of hard drives, attributing the increase to the surging demand driven by AI's substantial data needs. This demand is also fuelling a swift rise in orders for Enterprise solid-state drives (SSDs).
As one of the top three producers of traditional rotating hard disk drives (HDDs), Seagate has notified customers of immediate price increases for new orders and any modifications to orders that exceed previously agreed quantities.
Seagate has followed Western Digital in raising the prices of hard drives, attributing the increase to the surging demand driven by AI's substantial data needs. This demand is also fuelling a swift rise in orders for Enterprise solid-state drives (SSDs).
As one of the top three producers of traditional rotating hard disk drives (HDDs), Seagate has notified customers of immediate price increases for new orders and any modifications to orders that exceed previously agreed quantities.
