这一轮暴涨并非偶然，而是市场对AI发展阶段认知的深刻修正。美银美林分析师Wamsi Mohan在最新的报告中指出，2026年将是企业级和边缘AI 的拐点。随着多模态AI（包含文本、图像、视频）的普及，数据生成量将呈指数级增长，这将推动硬件支出周期的延续。 美银认为，AI投资的主题正在从资本支出驱动的模型训练，转向以投资回报率（ROI）为核心的AI推理阶段，这一转变将使存储、边缘设备和网 络连接厂商成为继GPU之后的新一轮受益者。 AI推理与多模态：数据爆炸的真正推手 随着AI浪潮从训练阶段向推理应用大规模迁移，被视为"AI工作记忆"的存储板块正迎来前所未有的价值重估。 周二美股市场存储概念股集体飙升，闪迪暴涨27.56%，创下自2月以来的最佳单日表现。西部数据和希捷科技紧随其后，分别大涨16.77%和 14.00%。 这一轮行情的直接催化剂来自英伟达CEO黄仁勋在CES上的讲话。他直言："就存储而言，这目前是一个完全未被开发的市场。这是一个从未存在 过的市场，而且很可能成为全球最大的存储市场，基本上承载全球AI的工作记忆（working memory）。"与此同时，英伟达在CES上展示了针对 代理AI推理优化 ...

近期，微软宣布 Windows Server 2025 正式引入原生 NVMe 存储支持，打破了长达十多年的架构限制，彻底告别传统的 SCSI 兼容模式！ SCSI 全称为 Small Computer System Interface，翻译过来就是小型计算机系统接口，是一种传统的存储连接标准，早期主要用于机械硬盘，其基于单队列模型，每 个队列最多只能处理 32 条命令，就像一条单车道，容易拥堵，难以发挥SSD的并行处理能力。 相比之下，NVMe 从一开始就是为闪存存储而设计的，最高支持 6.4 万个队列，每个队列最多可以同时处理 6.4 万条命令。这相当于把单车道换成了多车道高速公 路，数据可以直接、无锁地在CPU和SSD之间流动。 根据微软官方和多家科技媒体的实测数据，启用原生NVMe支持后，性能提升非常显著： 基于英特尔双路 CPU 和 Solidigm 3.5TB NVMe 设备的实测数据显示，在 NTFS 卷上测试 4K 随机读取后，开启原生 NVMe 的 Windows Server 2025 相比 Windows Server 2022，IOPS 提升了约 80%。 *IOPS，即每秒读写次数， ...

Hey everybody, Ethan Sloan with SanDisk. We're going to talk a little bit about SanDisk DDN powering the next generation of AI and HBC. Nobody's talked AI here, so this will be the first one, right.Obviously, a little bit about me. So, at SanDisk, enterprise solid state drive representation, helping to fuel the uh the channel. So the goal today is to answer questions with regards to who, what, where, why, when, and how.The who part is who am I. Ethan just introduced myself. Let's get into the what.Right. So ...

Financial Data and Key Metrics Changes - Net sales for Q2 2025 were $5 million, down from $6.2 million in Q1 2025 but up from $5.1 million in Q2 2024 [11] - Gross margin as a percentage of sales was 49.8% in Q2 2025, compared to 51.6% in Q1 2025 and 54.5% in the prior year period [14] - Operating expenses for Q2 2025 were $3.8 million, up from $3.6 million in Q1 2025 and $3.3 million in the prior year period [17] Business Line Data and Key Metrics Changes - Automotive electronics represented 66% of Q2 2025 bookings, up from 59% for all of 2024 [12] - Consumable adapters and services accounted for 50% of total revenue in Q2 2025, providing a stable base of recurring revenue [12] Market Data and Key Metrics Changes - Asia, particularly China, showed strong performance in the EV sector of automotive electronics, while Europe and The Americas faced pressures from capital equipment spending due to tariff and trade uncertainties [12] - Q2 2025 bookings were $5.8 million, up from $4.6 million in Q1 2025 and $5.6 million in Q2 2024 [13] Company Strategy and Development Direction - The company is focusing on investing in its core programming platform to handle the increasing complexity of programming technology, particularly in memory [5] - A new universal platform is expected to be rolled out by the end of the year, aimed at reducing technical debt and improving product offerings [6] - The company plans to enhance its sales and marketing strategies and expand into new business lines, with a focus on vertical integration [19] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges due to tariff and trade negotiations but noted that manufacturing operations have not been significantly impacted due to diversified supply chains [15] - The company expects improved performance in the second half of the year, driven by new product launches and increased customer engagement [10][46] Other Important Information - The company has no debt and reported a cash balance of $10 million as of June 30, 2025 [20] - Significant one-time expenses of approximately $480,000 were incurred in Q2 2025, impacting operating income and adjusted EBITDA [19] Q&A Session Summary Question: How does the $480,000 impact the P&L? - The majority of the $480,000 will hit the G&A category, including IT, finance, and HR spending [23][26] Question: What is being done to improve yield rates for UFS Flash? - The company is investing in new bench equipment and has restructured its engineering team to address technology gaps and improve yield rates [32][36] Question: What are the expectations for gross margins moving forward? - The company anticipates a broader mix of products in the second half, which should help improve margins [43][46] Question: How is the company expanding beyond automotive? - The company is focusing on lead generation from upcoming product launches and enhancing existing customer relationships to diversify its customer base [50][54] Question: What is the market opportunity for UFS and NVMe technologies? - The UFS and NVMe markets are expected to grow at a CAGR of 14%, presenting significant opportunities for the company [6][92]