WD and Seagate confirm: Hard drives sold out for 2026
8 days ago
- #Data Centers
- #Price Surge
- #Hard Drives
- Western Digital and Seagate confirm their 2026 hard drive production is almost entirely sold out, largely due to hyperscalers like Amazon, Google, Microsoft, Meta, and OpenAI.
- Seagate's nearline HDDs, which account for 87% of its sales, are fully allocated through 2026, with discussions already underway for 2027-2028 demand.
- No immediate production expansion is planned; growth will come from higher-capacity drives rather than increased unit numbers.
- HDD and SSD prices have surged, with HDDs up 20-50% and SSDs up to 50% or more since mid-2025, driven by hyperscaler demand.
- Western Digital and Seagate report significant revenue and profit increases, with higher gross margins indicating elevated prices.