Gear
SUMMARY
ProGrade Digital has announced another price increase for its memory cards, set for May, following a similar adjustment earlier in the year. This decision stems from the escalating cost of flash memory, a trend impacting the entire industry. The surge in demand for high-bandwidth memory and fast SSD storage by AI data processing centers is causing AI companies to acquire large quantities of solid-state memory, leading to shortages and price hikes for other sectors, including memory card manufacturers. ProGrade's Chief Marketing Officer & Co-Founder, Mark E. Lewis, stated that pricing pressure and allocation constraints are expected to persist through 2026.
TAKEAWAYS
ProGrade Digital will increase memory card prices in May.
Rising flash memory costs, driven by AI demand, are the primary cause.
This price increase is an industry-wide issue affecting all flash memory products.
ProGrade is providing advance notice to help customers plan.