AI Companies Are Buying Up All the Hard Drives Through 2028
A tech CEO says the next big shortage isn't chips—it's storage for AI.
Deep Dive
A major hard drive maker says it's already sold out of its entire production for 2026. Most of its supply is locked up by big tech and AI companies, with deals stretching into 2028. This leaves only a tiny fraction for regular consumers and businesses. The rush for data storage is driving up prices and could lead to shortages for anyone buying a new computer or external drive in the coming years.
Why It Matters
This could make new computers and data storage more expensive and harder to find for everyone.