Pure Storage, Inc. Class A
PSTGPure Storage, Inc. Class A (PSTG) is a data storage company specializing in all-flash storage solutions that deliver high performance and efficiency for enterprise IT environments. Founded in 2009, it focuses on modern data infrastructure, offering products and services designed to simplify data management, improve agility, and optimize cloud operations.
Company News
The article highlights Amazon and Pure Storage as promising AI investment opportunities, emphasizing their strategic AI developments and potential for growth beyond traditional AI stocks like Nvidia and Palantir.
Three data memory stocks - Western Digital, SanDisk, and Pure Storage - are outperforming Nvidia in 2025, driven by AI infrastructure demands, cyclical market resurgence, and strategic business initiatives.
Several tech and service companies saw significant stock gains last week, driven by strong quarterly earnings, strategic deals, and analyst upgrades.
The global storage systems market is projected to grow at a CAGR of 9.8% from 2025 to 2032, driven by the increasing data generation and rising demand for efficient data storage solutions across various industries.
The Zacks Computer-Storage Devices industry is well-poised to gain from solid momentum in cloud computing, IoT, auto, connected devices, VR, and AI. However, cautious IT spending amid global macroeconomic turbulence and supply chain dynamics are significant headwinds in the near term.
