Sandisk’s 8TB PS5 SSD Costs $2,959 as Memory Shortages Drive Prices
SNDK•Sandisk launched an 8TB PlayStation 5 SSD priced at $2,959 (discounted from $3,700), highlighting memory supply shortages pushing consumer storage prices to record highs. Wall Street analysts have raised Sandisk price targets, with some forecasting a $5,000 share price in two years based on sustainable demand-supply conditions.
1. PS5 SSD Launch and Pricing
Sandisk introduced an 8TB SSD for PlayStation 5 consoles priced at $2,959 after discount, up from an original $3,700, marking one of the highest consumer storage prices due to global memory constraints.
2. Impact of Memory Shortages on Consumer Products
Ongoing memory supply shortages have driven up prices across gaming consoles and PCs, forcing consumers to either upgrade storage at premium rates or delete games to free up space, potentially limiting unit sales growth.
3. Analyst Price Target Upgrade
Several analysts have increased Sandisk’s share price forecasts based on tight supply-demand dynamics, with the most bullish calling for a $5,000 valuation within two years, reflecting confidence in long-term memory demand.
