SSD prices are climbing, but these Memorial Day deals tell a different story
Two massive discounts on WD Black and SanDisk drives suggest the storage market is more complicated than the headlines suggest.
Image credit: Lottie animation by Centre Robotics (LottieFiles Free, used with credit). · source
A 4TB internal SSD for $228. An 8TB external drive for $650. These aren't clearance bin leftovers or off-brand gambles. They're current-gen Western Digital products sitting on Best Buy's virtual shelves at 60-plus percent off.
If you've been following the storage market lately, you've heard the doom and gloom: SSD prices are climbing, NAND flash supply is tightening, and the window for cheap storage is closing. That narrative isn't wrong, exactly. But these Memorial Day deals complicate it in interesting ways.
Let's start with what's actually on sale. The WD Black SN850X in 4TB capacity is marked down from $349.99 to $228.99. That's a Gen4 NVMe drive with read speeds up to 7,300 MB/s, which remains competitive even as Gen5 drives hit the market. For context, I've seen enough spec sheets to know that most users won't notice the difference between Gen4 and Gen5 in real-world workloads outside of sustained sequential transfers.
The second deal is the SanDisk Desk Drive, an 8TB external SSD that's dropped from $1,699.99 to $649.99. That works out to roughly $81 per terabyte for external SSD storage, which is... actually pretty remarkable if you remember paying $200 per terabyte just a few years back.
So what's going on here? The easy explanation is that these are holiday sales, loss leaders designed to get people in the door. That's probably part of it. But I think there's something else happening.
The storage industry has been through a brutal cycle. NAND manufacturers cut production aggressively after prices cratered in 2022 and early 2023. Now supply is tighter, prices are recovering, and the manufacturers are breathing easier. But "recovering" doesn't mean "recovered." There's still inventory to move, particularly at the higher capacity tiers where consumer demand is softer.
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