Apparently WD and Seagate stock have already taken a hit at the announcement.

  • Zedstrian@sopuli.xyz
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    10 hours ago

    Good that Toshiba saw the increase in demand as an opportunity to increase sales volume, rather than price gouge their customers. Hopefully they gain market share.

    • Ludicrous0251@piefed.zip
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      7 hours ago

      IDK, it’s pretty risky. Doubling production means youre taking a bet that the bubble is not going to burst.

      • Damage@feddit.it
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        5 hours ago

        Hard disks will always have demand, we need more every day and they have a limited lifespan

      • [object Object]@lemmy.ca
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        3 hours ago

        I’m pretty behind what I want for drives, and modern dev practices of storing tons of intermediate container build artifacts, and a resurgence of arrrborists will probably soak up drive demand even if prices fall.

      • LaLuzDelSol@lemmy.world
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        7 hours ago

        That is a fair point, especially with things that are very hard to set production for like processors.