BOISE, Idaho, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) has introduced the Micron 4600 PCIe® Gen5 NVMe™ SSD, a new storage drive aimed at OEMs that offers outstanding performance for gamers, creators, and professionals. This is Micron's first Gen5 client SSD, utilizing Micron® G9 TLC NAND, and it provides double the performance of the previous model. The Micron 4600 SSD features impressive sequential read speeds of 14.5 GB/s and write speeds of 12.0 GB/s.
Conestoga Capital Advisors, an asset management firm, has published its investor letter for the fourth quarter of 2024, which you can download here. For the second year in a row, U.S. stock indices finished the year with returns in the double digits, following modest gains in the last quarter of 2024. However, Conestoga's investment strategies faced challenges due to the excitement surrounding various investments.
Simpson Manufacturing's stock dipped a bit after the market closed on February 10th, even though the company performed better than analysts expected for the last quarter. While Simpson Manufacturing has been doing well financially, its high stock price may not warrant too much optimism. The company's strong market presence and innovative products, especially in wood connectors and fasteners, showcase its operational strengths.
Simpson Manufacturing (SSD 0.88%), which offers products for wood and concrete construction, exceeded analysts' predictions in its fourth-quarter earnings report on February 10, 2025. The company announced earnings per share (EPS) of $1.31, which was higher than the anticipated $1.27.
On February 6, 2025, Silicon Motion Technology Corporation, a leading company in designing NAND flash controllers for solid-state storage, announced that its PCIe Gen4 SSD controller has reached ASPICE Capability Level 3 (CL3). This achievement, confirmed by UL Solutions, makes Silicon Motion the first SSD controller vendor in the world to reach this level.
In the fourth quarter of 2024, sales fell by 10% compared to the previous quarter and by 6% compared to the same quarter last year. SSD controller sales decreased by 5% to 10% both quarter-over-quarter and year-over-year, while eMMC+UFS controller sales dropped by 10% to 15% quarter-over-quarter but remained stable year-over-year. The company announced an annual cash dividend of $2.00 per American Depositary Share (ADS).
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The Micron ION 6550 is the first E3.S 60TB SSD in the industry, offering top energy efficiency. It provides up to 67% more storage density per rack, making it ideal for exascale data centers.
In the third quarter of 2024, SSD saw a small increase of 1.2% in net sales, even with difficulties in the housing markets in the US and Europe. The company's recent purchases of Monet DeSauw and QuickFrames USA are likely to broaden its product range and market presence. Additionally, the expansions of facilities in Ohio and Tennessee are set to finish in 2025, improving future manufacturing abilities.
MILPITAS, Calif.--(BUSINESS WIRE)--cPacket Networks Inc., a top company in network monitoring and security, has introduced the Packet Capture cStor 200S. This new product enhances their Packet Capture and analytics range, outperforming rivals. Designed for the growing needs of enterprise data centers, high-frequency trading systems, and essential networks, the Packet Capture cStor 200S offers 200Gbps of simultaneous performance.