On Tuesday, Micron Technology, Inc. MU launched the qualification process for its 6550 ION NVMe SSD, the world’s fastest 60TB data center SSD and the first in the industry to offer E3.S and PCIe Gen5 60TB capabilities.
Building on the success of the award-winning 6500 ION, the 6550 ION is designed for optimal performance, energy efficiency, endurance, security, and rack density, catering to exascale data center needs.
It is ideal for high-capacity NVMe workloads, including networked AI data lakes, data ingestion, preparation, checkpointing, file and object storage, public cloud storage, analytic databases, and content delivery.
Alvaro Toledo, vice president and general manager of Micron’s Data Center Storage Group, said, “Featuring a first-to-market 60TB capacity in an E3.S form factor and up to 20% better energy efficiency than competitive drives, the Micron 6550 ION is a game-changer for high-capacity storage solutions to address the insatiable capacity and power demands of AI workloads.”
Nilesh Patel, chief product officer at WEKA, added, “WEKA customers are achieving excellent results from their WEKA Data Platform and Micron 6500 ION deployments today. We expect the new Micron 6550 ION SSD will extend this value with enhanced performance density and energy efficiency benefits for enterprise AI environments.”
“With its impressive 61.44TB capacity, the Micron 6550 ION will enable our mutual customers to implement rack-dense AI infrastructure solutions without sacrificing performance.”
Micron Technology shares are trading lower on Tuesday. In a related development, Micron’s peer Monolithic Power Systems, Inc. MPWR took a hit Monday as traders circulated a research firm contended in a note to investors that performance issues with voltage regulator Module/Power Management IC “appear likely to severely limit or eliminate” Monolithic’s allocation in Nvidia’s Blackwell.
According to reports, Edgewater Research lowered its NAND and DRAM price forecasts.
Investors can gain exposure to MU stock via REX FANG & Innovation Equity Premium Income ETF FEPI and Grizzle Growth ETF DARP.
Price Action: MU shares are down 4.90% at $103.33 at the last check Tuesday.
Photo via Shutterstock
Read Next:
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.