BOISE, Idaho - Micron Technology, Inc. (NASDAQ:MU) revealed today that its 9550 PCIe Gen5 Solid State Drives (SSDs) have been included on NVIDIA (NASDAQ:NVDA)'s recommended vendor list for the NVIDIA GB200 NVL72 system, which utilizes the GB200 Grace Blackwell Superchip. This addition positions Micron's 9550 SSDs as a key component for enhancing AI and high-performance computing (HPC) workloads.
The Micron 9550 SSDs are designed to meet the demands of AI infrastructure, offering up to 34% higher throughput and 33% faster workload completion times for specific AI-related tasks compared to competing SSDs. These performance metrics are critical for applications such as training large-scale AI models and real-time language model inference.
In terms of energy efficiency, the Micron 9550 SSDs set new sustainability standards by consuming significantly less energy per terabyte transferred and reducing SSD power in graph neural network training. These advancements contribute to the overall efficiency of the NVIDIA GB200 NVL72 system.
Micron's collaboration with server Original Design Manufacturers (ODMs) and Original Equipment Manufacturers (OEMs) ensures the integration of the 9550 and 7450 SSDs into AI server systems based on the GB200 NVL72 reference architecture. The NVIDIA GB200 Grace Blackwell Superchip will also feature Micron's LPDDR5X memory, which offers a balance of high capacity, low power consumption, and enhanced reliability for AI server infrastructure.
The announcement underscores Micron's commitment to providing high-performance, energy-efficient storage solutions that support the growing requirements of AI workloads from data centers to edge computing. This development is expected to enable server companies to integrate advanced Gen5 data center storage solutions into their offerings effectively.
Micron's inclusion on NVIDIA's recommended vendor list marks a significant step in the company's efforts to cement its position in the memory and storage market for AI and HPC applications. The information presented in this article is based on a press release statement from Micron Technology, Inc.
In other recent news, Micron Technology has made significant strides in its financial performance, primarily driven by robust earnings and revenue growth. Analysts from BofA Securities, Cantor Fitzgerald, and Bernstein, among others, have maintained positive outlooks on Micron. KeyBanc Capital Markets has also maintained its Overweight rating for Micron, anticipating a sustained pricing recovery for both NAND and DRAM in 2024.
Micron has recently launched its Crucial DDR5 clocked unbuffered dual inline memory modules (CUDIMM) and clocked small outline dual memory modules (CSODIMM), designed to meet the demands of artificial intelligence (AI) computing. These new offerings are now shipping in volume, with speeds reaching up to 6,400 megatransfers per second (MT/s). The company has also reiterated its goal of generating multiple billions in revenue from High Bandwidth (NASDAQ:BAND) Memory (HBM) by the fiscal year 2025.
In the geopolitical sphere, US-China tech tensions are expected to rise following the upcoming U.S. presidential election, with new measures predicted to limit Chinese technological advances. This could potentially impact Micron's operations given the company's business dealings with China. These are recent developments that provide insights into Micron's current financial performance and market outlook.
InvestingPro Insights
Micron Technology's recent inclusion on NVIDIA's recommended vendor list for the GB200 NVL72 system aligns well with the company's strong market position and growth prospects. According to InvestingPro data, Micron has demonstrated impressive revenue growth, with a 93.27% increase in quarterly revenue as of Q4 2024. This surge in revenue reflects the company's success in capitalizing on the growing demand for high-performance memory and storage solutions in AI and HPC applications.
An InvestingPro Tip highlights that Micron is a "prominent player in the Semiconductors & Semiconductor Equipment industry," which is further validated by its strategic partnership with NVIDIA and its innovative 9550 PCIe Gen5 SSDs. This position in the industry is likely contributing to the company's strong financial performance, as evidenced by its substantial market capitalization of $119.54 billion.
Another relevant InvestingPro Tip notes that "analysts anticipate sales growth in the current year." This expectation aligns with Micron's recent achievements in the AI and HPC space, suggesting that the company's focus on energy-efficient and high-performance storage solutions is likely to drive continued growth.
For investors seeking a deeper understanding of Micron's potential, InvestingPro offers 13 additional tips, providing a comprehensive analysis of the company's financial health and market position.
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