Crushing shortages have pushed SSD and HDD long-term supply agreements to a record five years — large customers are signing major contracts

SanDisk, Seagate, and Western Digital are signing record-length storage supply deals, with some contracts stretching up to five years.

Hyperscale cloud customers are locking in SSD and HDD capacity as AI-driven demand and shortages tighten supply.

Seagate and Western Digital say most capacity is already allocated, with visibility extending into 2027-2029.

The multi-year agreements give vendors clearer demand, support measured expansion, and could influence future pricing and availability.