What's Going On With Quantum Corporation Stock Wednesday?

Benzinga
2024.12.18 16:36

Quantum Corporation announced a new parallel file system client for its Myriad all-flash file system, enabling NVIDIA GPUDirect Storage capabilities. This development allows customers to integrate GPU nodes into Myriad clusters, enhancing performance for AI, machine learning, and high-performance computing. QMCO shares rose by 9.40% following the announcement, reflecting a 250% increase over the past year. The new client is available for evaluation through an Early Access Program, aimed at supporting high-performance, data-intensive workflows.

Source: Benzinga The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.