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The semiconductor industry analysts at TrendForce have highlighted a likely seismic shock on the way to the NAND Flash market - the firm's investigations indicate that manufacturer inventories are reaching a "breaking point" because the usual "peak season" demand surge failed to materialise this year, with a fall of around 30-35 percent predicted. These estimates are all the more jarring as they are expected to occur in a single quarter, the current Q3 2022. Moreover, with NAND flash ICs being a key cost component of SSDs, we should expect price cuts to seep through to consumer SATA and NVMe SSD models.
Moving into Q4 2022, TrendForce expects manufacturers to strive to maintain market share at all costs, exacerbating oversupply and the need to make irresistible deals with NAND Flash consumers. It doesn't say when it sees this rapid downward trend bottoming out, but that flash pricing will likely continue the downward pricing trend into next year.
In brief, things look good if you are in the market for a replacement or expansion SSD. Prices should drop for those with patience, and not much patience should be needed to get more for your money.