Micron Develops Industry’s First PCIe Gen6 Data Center SSD for Ecosystem Enablement

Rhea-AI Summary

Micron Technology (Nasdaq: MU) has announced the development of the industry's first PCIe Gen6 data center SSD for ecosystem enablement. This technology delivers sequential read bandwidths of over 26GB/s, showcasing Micron's storage technology leadership. The company will present its AI-focused innovations at the Future of Memory and Storage (FMS) 2024 event.

Micron's presence at FMS will highlight its AI product leadership in memory and storage solutions. The company will demonstrate various products, including the world's fastest data center SSD (Micron 9550), MRDIMM for high-performance main memory, and the Micron 2650 NVMe SSD for enhanced user experience. Micron experts will participate in several sessions, discussing topics such as AI workloads, power efficiency, and storage technologies.

Positive

• First to develop PCIe Gen6 data center SSD technology for ecosystem enablement
• New PCIe Gen6 SSD delivers sequential read bandwidths of over 26GB/s
• Recently announced the world's fastest data center SSD, the Micron 9550
• Showcasing industry-leading products in AI memory and storage solutions

Negative

• None.

Tech Expert

Micron's development of the industry's first PCIe Gen6 data center SSD for ecosystem enablement is a significant technological advancement. With sequential read bandwidths exceeding 26GB/s, this technology represents a substantial leap in storage performance. This move positions Micron at the forefront of AI-driven storage solutions, potentially accelerating AI workloads and data processing capabilities in data centers.

The PCIe Gen6 SSD's early availability to partners for ecosystem enablement demonstrates Micron's commitment to fostering innovation and collaboration within the industry. This strategy could lead to faster adoption of PCIe Gen6 technology, giving Micron a competitive edge in the rapidly evolving AI storage market.

Financial Analyst

Micron's leadership in PCIe Gen6 SSD technology could translate into increased market share and revenue growth in the data center segment. The company's focus on AI-centric products aligns well with the growing demand for high-performance storage solutions in AI and machine learning applications.

Investors should note that while this technological lead is promising, the financial impact may not be immediate. The adoption cycle for new storage technologies in data centers can be lengthy. However, Micron's early mover advantage could position it favorably for long-term growth in the lucrative AI infrastructure market, potentially leading to improved profit margins as the technology matures and scales.

Market Research Analyst

Micron's announcement comes at a important time when AI workloads are driving demand for faster, more efficient storage solutions. The PCIe Gen6 SSD technology addresses the growing need for high-bandwidth, low-latency storage in AI and data-intensive applications.

This development could potentially reshape the competitive landscape in the data center SSD market. Competitors may need to accelerate their own PCIe Gen6 development to keep pace. Additionally, Micron's strategy of enabling the ecosystem early could lead to increased adoption and integration of their technology in various AI platforms and solutions, potentially creating a network effect that strengthens their market position.

Micron’s FMS 2024 presence highlights its AI product leadership in memory and storage from the data center to edge devices

SANTA CLARA, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- FMS: The Future of Memory and Storage — Micron Technology, Inc. (Nasdaq: MU), today announced it is the first to develop PCIe^® Gen6 data center SSD technology for ecosystem enablement as part of a portfolio of memory and storage products to support the broad demand for AI. Addressing these demands, Raj Narasimhan, senior vice president and general manager of Micron’s Compute and Networking Business Unit, will present a keynote at FMS titled, “Data is at the heart of AI: Micron memory and storage are fueling the AI revolution,” on Wednesday, Aug. 7, at 11:00 a.m. Pacific time. The session will focus on how Micron’s industry-leading products are impacting AI system architectures while enabling faster and more power-efficient solutions to manage vast data sets.

At FMS, Micron will demonstrate that it is the first to develop a PCIe Gen6 SSD for ecosystem enablement, once again showcasing its storage technology leadership. By making this technology — which delivers sequential read bandwidths of over 26GB/s — available to partners, Micron is kickstarting the PCIe Gen6 ecosystem. This achievement builds on Micron’s recent announcement of the world’s fastest data center SSD, the Micron 9550, and further bolsters Micron’s leadership position in AI storage.

As an industry leader in innovative memory and storage solutions that transform how the world uses information, Micron experts will be an integral part of the FMS 2024 sessions, including:

• FMS featured keynote presentation: Data is at the heart of AI: Micron memory and storage are fueling the AI revolution: Wednesday, Aug. 7, at 11:00 a.m. Pacific time (Mission City Ballroom)
• Analyzing workloads using storage as memory replacement for large model training: Tuesday, Aug. 6, at 9:45 a.m. Pacific time (Ballroom B)
• Quantifying power efficiency with real workloads in the data center: Wednesday, Aug. 7, at 9:45 a.m. Pacific time (Ballroom B)
• Power efficiency for NoSQL database: Thursday, Aug. 8, at 9:45 a.m. Pacific time (Ballroom G)
• MLPerf™ Storage — Does emulated AI training IO really represent the real workload?: Thursday, Aug. 8, at 12:10 p.m. Pacific time (Ballroom B)
• What can storage do for AI?: Thursday, August 8, at 12:10 p.m. Pacific time (Ballroom E)
• Characterizing data ingest for deep learning recommendation model training: Thursday, Aug. 8, at 1:25 p.m. Pacific time (Ballroom D)
• PCIe Gen6 electrical consideration and characterization for HVM SSDs: Thursday, August 8, at 1:25 p.m. Pacific time (Ballroom G)

Micron products and technologies at FMS 2024:
Visit Micron at booth #107 on the show floor at the Santa Clara Convention Center from Aug. 6 – 8 to experience interactive touch-screen kiosks and physical displays showcasing Micron products and technologies across AI for the data center and PCs, mobile and consumer devices, along with automotive and industrial offerings.

Newly announced products and technologies:

• MRDIMM: Highest-performance, lowest-latency main memory for data centers
• Micron 9550 NVMe SSD: The world’s fastest data center SSD
• Micron 2650 NVMe SSD: Best-in-class user experience
• Micron G9 TLC NAND: The world’s fastest TLC NAND shipping in an SSD

About Micron Technology, Inc.

We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.

© 2024 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

FAQ

What new technology has Micron (MU) announced at FMS 2024?

Micron has announced the development of the industry's first PCIe Gen6 data center SSD for ecosystem enablement, delivering sequential read bandwidths of over 26GB/s.

What products will Micron (MU) showcase at FMS 2024?

Micron will showcase various products including the world's fastest data center SSD (Micron 9550), MRDIMM for high-performance main memory, and the Micron 2650 NVMe SSD for enhanced user experience.

When and where is Micron's (MU) keynote presentation at FMS 2024?

Raj Narasimhan from Micron will present a keynote titled 'Data is at the heart of AI: Micron memory and storage are fueling the AI revolution' on Wednesday, Aug. 7, at 11:00 a.m. Pacific time.

What is the significance of Micron's (MU) PCIe Gen6 SSD development?

By developing the first PCIe Gen6 SSD for ecosystem enablement, Micron is kickstarting the PCIe Gen6 ecosystem and reinforcing its leadership position in AI storage technology.