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3 AI-Driven Storage Device Stocks in Focus to Maximize Your Returns
PSTGPure Storage(PSTG) ZACKS·2024-09-06 13:16

The computer storage devices industry players are well-poised to gain from solid momentum in cloud computing, Internet of Things (IoT), auto, connected devices, virtual reality and Artificial Intelligence (AI) in the long run. Per a report from Gartner, worldwide IT spending is projected to reach 5.26trillionin2024,indicatinganincreaseof7.55.26 trillion in 2024, indicating an increase of 7.5% from the 2023 levels. This is an improvement over the earlier projection of overall spending of 5.06 trillion. Gartner also reported that data center systems ...