We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.
Pure Storage, Inc.
Information Technology · Technology Hardware, Storage & Peripherals
Structural read: AI training and inference are storage-bound at the cluster level - checkpointing, dataset staging, and vector retrieval all need parallel flash bandwidth that legacy HDD-backed NAS cannot deliver. Pure is the only all-flash pure-play public name with a confirmed hyperscaler design win ($META FlashBlade in the AI Research SuperCluster) and a multi-EB hyperscaler deal announced FY25 for DirectFlash Modules replacing HDDs in nearline tiers.
- Meta AI Research SuperCluster uses FlashBlade as the official AI training storage tier
- Hyperscaler DFM design win announced FY25 - first vendor to crack the HDD-replacement TAM at scale
- Evergreen//One subscription >40% of new sales; TCV-style backlog smooths cyclicality
- Operating margin expansion as STaaS mix lifts gross margin into the low-70s
- $NVDA-certified storage for DGX SuperPOD reference architectures
- $NTAP, $DELL PowerStore, $HPE Alletra all field competitive all-flash; commoditization risk
- Hyperscalers historically build their own storage; one design win is not a recurring revenue stream
- NAND pricing cycle drives gross margin volatility independent of execution
- Enterprise IT spending sensitivity in a higher-for-longer rate environment
Each weekday: the scan's ENTER setups with entry, stop and target, every new ticker teardown, and the bubble shifts that move names like this one. Free. Education, not advice.
No spam. One email per day max. Pro adds Telegram trade alerts and higher AI-assistant limits.
No major news in the last 7 days for PSTG - only listicles and opinion pieces, which we filter out by default. See everything anyway.
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.