Because of increased demand and reduced supply.
Increased Demand:
- AI requires massive amounts and great speed of storage for data processing and training models.
- Global tech giants are expanding their data centers, driving up demand for SSDs to store increasing volumes of data.
Reduced Supply: Ongoing global supply chain issues, including component shortages and transportation delays
There's no component shortage and transportation delays in SSD foundries it's an artificial made shortage, samsung and wd shut down a couple of factories manufacturing ssd chips to create a pressure on distribution nodes to increase the price every corporate wants profits and they will fall to a new low every now and then.