NetApp: All-Flash and Cloud Storage Drive Record Margins – 200-Day Moving Average as a Possible Springboard for New Highs!
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NetApp (NTAP) specializes in all-flash arrays and hybrid cloud storage solutions, which are becoming increasingly important for enterprises using AI. ONTAP serves as the operating system for the only unified and natively public cloud-integrated data platform, allowing customers to run all AI models without the need to move data. CEO George Kurian highlights AI solutions, cloud storage services, and all-flash solutions as the three key growth drivers for an "outstanding" Q2 with over 200 contract signings. At the NetApp INSIGHT conference held...
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