Don't buy an SSD or RAM right now, prices are about to freefall

If you were about to upgrade, hold off a little while longer -- RAM and SSD prices are expected to PLUMMET soon, and into 2021.

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If you were about to pull the trigger on a new upgrade, I would suggest waiting just a little while longer. Not only do we have NVIDIA's next-gen Ampere-based GeForce RTX 3000 series cards, but AMD's new RDNA 2-based Radeon cards, too.

Don't buy an SSD or RAM right now, prices are about to freefall 07

In the middle of that, SSD and RAM prices are plummeting and will continue to do so well into 2021. According to a new report, the prices are tumbling because of an oversupply of both DRAM and NAND-based products.

DRAMeXhange explains: "Despite the traditional peak season for electronics sales and the release of Apple's new iPhones in 3Q20, the quarterly decline in NAND flash ASP [average selling price] will likely reach 10 percent, due to the client end's excess inventory under the impact of the pandemic".

"Furthermore, as suppliers continue making improvements in the yield rate of 128L NAND flash, the oversupply in the NAND flash market will intensify in 4Q20, further exacerbating the decline in NAND flash ASP".

The next thing to keep your eyes peeled on will be the Black Friday and Cyber Monday sales, as we should have prices tumbling by up to 15% or more by then. We should expect to see prices falling down to keep up with next-gen consoles, as it will soon be a pretty damn good buy to purchase a 16-threaded, RDNA 2-powered, super-fast NVMe SSD powered console versus a PC.

Buy at Amazon

AMD Ryzen 7 3700X 8-Core, 16-Thread Unlocked Desktop Processor (AMD Ryzen 7 3700X)

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* Prices last scanned on 3/28/2024 at 11:01 am CDT - prices may not be accurate, click links above for the latest price. We may earn an affiliate commission.

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.

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