15 AI News That Broke The Internet

Page 3 of 14

12. NetApp, Inc. (NASDAQ:NTAP)

Number of Hedge Fund Holders: 38

NetApp, Inc. (NASDAQ:NTAP) is an intelligent data infrastructure company and a top Goldman Sachs Phase 2 AI stock, catering to the needs of the cloud computing and data center industries. On December 1, the company announced a new integrated solution that simplifies the use of NetApp block storage with AWS Outposts. AWS Outposts is a family of fully managed solutions that deliver AWS infrastructure and services to any on-premises or edge location. Through the solution, hybrid cloud deployments are simplified by combining NetApp’s unified data storage and intelligent services with the powerful cloud infrastructure offered by AWS Outpost. Ultimately, it helps customers optimize cloud deployments on-premises and at the edge.

“Whether customers are looking to use hybrid cloud infrastructure to increase resiliency or improve compliance, leveraging NetApp storage in AWS Outposts can help customers run applications securely and efficiently at the edge. This solution makes it simpler for customers to leverage NetApp intelligent data infrastructure to manage their data in AWS Outposts deployments. By automating volume attachments, IT teams can now tap into the efficiency and power of NetApp on-premises storage arrays to power critical workloads.”

-Jonsi Stefansson, Senior Vice President and Chief Technology Officer at NetApp.

Page 3 of 14