> For example "3.2TB Enterprise NVMe Mixed Use AG Drive U.2 Gen4 with carrier" is $3,301.65 each

That’s the pricing for people who don’t know to ask for real pricing — it’s an absolute joke. I don’t know how might extra margin gets captured here, but it’s a lot.

Even in teeny tiny volumes, Dell will give something closer to real pricing, and a decent heuristic is that it’s at least 2x cheaper.

This is a real SSD. Dell likely buys this brand and others:

https://www.serversupply.com/SSD/NVMe/30.72TB/KIOXIA/KCMY1RU...

Yes, that is almost an order of magnitude cheaper per TiB. If you buy from a sketchier vendor, you’ll get all the way to 10x :)