1. Backblaze maintains a 'Buy' rating due to strong demand for its data storage solutions, driven by data center growth and AI-related opportunities; 2. The B2 Cloud Storage segment grew 29% YoY in Q2, with Q4 growth projected to exceed 30%, supported by AI customer expansion; 3. Despite recent stock gains, valuation remains attractive at 3.3x EV/FY25 revenue and 14.5x EV/FY26 EBITDA, alongside improving margins and enterprise client traction.
Recent #Data Storage news in the semiconductor industry
➀ Phison partners with Supermicro to address the increasing storage demands of AI and high-performance computing; ➁ Phison's Pascari D205V SSDs with 122.88 TB capacity are integrated into Supermicro's Petascale Storage servers; ➂ The collaboration aims to simplify data center infrastructure and replace traditional hard drives with faster solid-state storage.
➀ KIOXIA AiSAQ is a research project that transitions AI data storage from DRAM to SSDs, enhancing performance by offloading compressed vectors; ➁ It significantly reduces DRAM usage, improving AI workload efficiency; ➂ The technology will be showcased at CES 2025, highlighting its potential impact on large datasets and AI models.
➀ Researchers at MIT have discovered a method to control magnetic materials using terahertz light; ➁ This creates a stable, long-lasting magnetic state in antiferromagnetic materials; ➂ The technology could revolutionize data storage and memory technologies, offering faster, more efficient, and durable solutions for next-generation electronics.
➀ Researchers at Flinders University have developed a reusable polymer for high-density data storage; ➁ The polymer, made from sulphur and dicyclopentadiene, allows for nanometer-scale indent data storage with erasable and reusable capabilities; ➂ This innovation could provide a more sustainable alternative to traditional storage devices like hard disk drives and solid-state drives.
➀ A new 3D imaging technique reveals key details of the magnetic skyrmion, a nanoscale object with potential for new microelectronic devices with high data storage capacity and low power consumption. ➁ Researchers at Lawrence Berkeley National Laboratory have created 3D X-ray images to characterize the spin orientations within skyrmions, which could lead to more efficient quantum computing and data storage devices. ➂ The study demonstrates the importance of understanding the 3D spin texture of skyrmions for the development of advanced spintronic devices.
❶ Genomika, along with the Ultrasound Research Institute at Kaunas University of Technology, is developing a DNA-based storage drive through the DINAMIC project, funded by the European Commission. ❷ The project aims to create a sustainable and high-density data storage solution using DNA's nucleobases to represent binary data, addressing the growing need for long-term data storage. ❸ DNA storage could significantly reduce environmental impact by minimizing water consumption and reliance on rare earth metals, with potential applications in healthcare and beyond.