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Market Report • February 2026

The Great HDD Price Spike.
Why Storage is Getting Expensive.

Prices for high-capacity drives have jumped nearly 50% in months. We look at the "AI Tax" and why your next upgrade might cost much more than expected.

ED

By The Storage Team

EasyDriveCompare.com

The 46% Surge: What Happened?

If you've been shopping for a high-capacity hard drive lately, you've likely noticed a shock on the price tag. Since September 2025, hard drive prices have surged by an average of 46%. Iconic drives like the 24TB Seagate BarraCuda, once found for significantly less, are now pushing the $500 (£395) mark.

This sudden price hike has caught consumers and businesses off-guard, but the underlying causes have been brewing for months. The market is facing a perfect storm of AI-driven demand and global manufacturing shifts.

The "AI Tax" on Storage

While much of the AI hype focuses on GPUs and RAM, bulk storage is the hidden casualty of the AI boom.

Data Needs for Model Training

Training modern Large Language Models (LLMs) requires petabytes of raw data. While the training happens on SSDs, the "warm" and "cold" archives of these massive datasets live on traditional HDDs.

DRAM Cannibalization

The explosion in AI buildouts is consuming global DRAM and HBM capacity, squeezing the supply of SSDs. This has forced many enterprises back to HDDs for bulk data, increasing competition for every unit produced.

China's PC Push & Manufacturing Pressure

Adding to the strain is the aggressive promotion of PC adoption and infrastructure in China. As one of the largest PC markets globally, China's renewed focus on domestic hardware has created a massive spike in demand for storage components.

Manufacturers have recorded the biggest price increases in eight quarters. Suppliers are warning that the pressure will likely continue through mid-2026 as production struggles to keep pace with the dual demand from Hyperscalers (Cloud Providers) and the consumer market.

How Prices Have Changed

Drive CategoryTrendImpact
Enterprise (20TB+)↑ 40-50%Heavy AI/Cloud Demand
NAS (8TB - 16TB)↑ 15-25%Moderate Consumer Spike
Desktop (4TB - 6TB)StableLow Supply Pressure

Don't Wait for the Peak

If you need high-capacity storage, waiting for prices to "return to normal" may take another year. Use our comparison tools to find the best current value.

Check Current Drive Prices