PS5 GDC Reveal and PS5 specs/performance Digital Foundry Video analysis : 3.5 Ghz 8 core Zen 2 CPU along with 10.3 TF RDNA 2 RT capable and 16GB GDDR6 RAM and also super crazy fast 5.5 GB/Second S

[jason1637]

So the SSD on the PS5 is really fast that's why they went with less than 1TB. It still sucks because you'll be able to store less games compared to the Series X but atleast games might load a bit faster,