WD/Kioxia lose 6.5 exabytes of NAND

[workshop35]

Looks like NAND might be getting a price bump...

https://www.msn.com/en-us/news/tech...-memory-due-to-contamination-issue/ar-AATIlXK

 

[auntjemima]

Glad I bought all my WD NVME drives I need about a year ago.

 

[[Spectre]]

Damn, I had Vampire Apocalypse as my bet for the next "unexpected price increase due to catastrophe". Oh well, maybe next time.

 

[workshop35]

Micron stock was up 7.4% on this news
https://www.fool.com/investing/2022/02/10/why-micron-technology-is-surging-today/

 

[Starfalcon]

Damn, I had Vampire Apocalypse as my bet for the next "unexpected price increase due to catastrophe". Oh well, maybe next time.

They should just be honest and say the price is dropping too low, so we had a deliberate oopsiedoodle and now price is back up again.

 

[M76]

Aaaand, it's gone!

 

[M76]

They should just be honest and say the price is dropping too low, so we had a deliberate oopsiedoodle and now price is back up again.

But if they said "we are scaling back production to level off market price" their stocks would go down, not up. It's all part of the game.

 

[illaghee]

its always some shit... flood, power, storm etc... every few years some body cooks something up... to come at my wallet.

 

[DejaWiz]

Just in time before everyone gets tax return back for shopping sprees.
The timing of nature of this is... suspect.

 

[Delicieuxz]

Just in time before everyone gets tax return back for shopping sprees.

Also, in front of Raptor Lake's and Zen 4's releases, when people will be splurging on storage for new PC builds.