StockNews.AI
AVGO
StockNews.AI
208 days

Solidigm Extends Agreement with Broadcom on High-Capacity SSD Controllers for AI

1. Solidigm extends multi-year agreement with Broadcom for SSD controllers. 2. Collaboration enhances storage solutions for AI and data-intensive workloads. 3. Broadcom controllers in over 120 million Solidigm SSDs indicate strong history. 4. New 122TB SSD aims to enhance AI infrastructure efficiency. 5. Partnership crucial for innovation in large-scale AI data centers.

4m saved
Insight
Article

FAQ

Why Bullish?

The continued partnership affirms Broadcom's role in high-demand SSD technology, potentially boosting AVGO's market position.

How important is it?

The collaboration reinforces Broadcom’s relevance in AI tech, likely affecting stock performance.

Why Long Term?

Ongoing collaboration in AI infrastructure could secure long-term revenue growth for AVGO.

Related Companies

AVGOSK hynixINTC
RANCHO CORDOVA, Calif.--(BUSINESS WIRE)--Solidigm, a leading provider of innovative NAND flash memory solutions, today announced a multi-year extension of its agreement with Broadcom Inc. on the use of high-capacity solid-state drive (SSD) controllers to support artificial intelligence (AI) and data-intensive workloads. Solidigm is the leading provider of high-capacity storage for AI, and Broadcom’s custom controllers have served as a critical component of Solidigm SSDs for more than a decade. With more than 120 million units of Solidigm SSDs shipped featuring Broadcom controllers, the partnership between the two companies has continued through key industry SSD milestones including Serial ATA (SATA), Serial-Attached SCSI (SAS) and Non-Volatile Memory Express (NVMe). The agreement also includes collaboration on Solidigm’s recently announced 122TB (terabyte) Solidigm™ D5-P5336 data center SSD, the world’s highest capacity PCIe SSD that delivers industry-leading storage efficiency from the core data center to the edge. “With our new 122TB SSD, Solidigm further extends our high-capacity QLC (quad-level cell) leadership from 8 to 122TB drives that all share the same controller from Broadcom, making our drives easier for customers to qualify,” said Solidigm Co-CEO Kevin Noh. “Our relationship with Broadcom is pivotal to Solidigm as we collectively work to help our customers achieve efficiency benefits in the buildout of AI infrastructure.” “Our multi-generational collaboration with Solidigm continues to deliver connectivity and storage innovation for AI infrastructure at scale,” said Broadcom’s Charlie Kawwas, Ph.D., President of Semiconductor Solutions Group. “We are excited about extending this partnership to deliver next-generation solutions for AI data centers with Solidigm.” About Solidigm Solidigm is a leading global provider of innovative NAND flash memory solutions. Solidigm technology unlocks data’s unlimited potential for customers, enabling them to fuel human advancement. Originating from the sale of Intel’s NAND and SSD business, Solidigm became a standalone U.S. subsidiary of semiconductor leader SK hynix in December 2021. Headquartered in Rancho Cordova, California, Solidigm is powered by the inventiveness of team members in 13 locations around the world. For more information, please visit solidigm.com and follow us on Twitter and on LinkedIn. “Solidigm” is a trademark of SK hynix NAND Product Solutions Corp. (d/b/a Solidigm). © Solidigm. “Solidigm” is a trademark of SK hynix NAND Product Solutions Corp. (d/b/a Solidigm). Other names and brands may be claimed as the property of others.

Related News