After nearly two years of relative calm, the hard disk drive (HDD) market is showing signs of stress again. According to a report from Digitimes Asia (quoting Nikkei), HDD contract prices jumped roughly 4% quarter over quarter in Q4 2025. That’s the sharpest increase seen in eight quarters, and suppliers expect this upward pressure to persist. That might sound like a niche storage story, but in reality, it’s a symptom of much larger forces reshaping the entire computing supply chain, from Chinese PC…

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